The automotive group will open with LG a “giga-factory” of batteries in North America in 2024.
Stellantis passes the fifth in the electric. The group resulting from the merger between PSA (Peugeot, Citroën…) and FCA (Fiat, Chrysler…) will open a battery factory in North America in partnership with the South Korean industrialist LG. This “gigafactory” of “Annual production capacity of 40 GWh”, according to Stellantis will enter service in the first quarter of 2024. The batteries that will leave this site will be delivered to the group’s car assembly plants in the United States, Canada and Mexico.
If Stellantis is building this site, it is because it has great ambitions for the electric car in the United States. Its objective is that these clean vehicles represent more than 40% of its sales in this country by 2030. Open battery factories to accelerate the conversion to electric propulsion, almost all car manufacturers are making this movement right now . At the end of September, Ford unveiled with the South Korean industrialist SK Innovation a project to build three
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