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Stellantis boasts €103 million in Hungary plant to increase EV production

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Stellantis Szentgotthard plant in Hungary

Stellantis on Monday announced an investment of €103 million to increase electric drive modules (EDMs) production at the Szentgotthard plant in Hungary.

This new investment includes grants and contributions from the Hungarian government which aims to transform existing Stellantis production facilities for electric vehicles and component production.

The plant currently builds 1.2-liter turbocharged three-cylinder and 1.6-liter four-cylinder internal combustion engines. Stellantis will provide new training to existing employees required to support EDM production.

The auto group has utilized Tremery-Metz, France, and Kokomo, Indiana, U.S. to produce EDMs. The Mirafiori complex in Italy will increase the production of next-generation electrified dual-clutch transmissions (eDCTs) in 2024 for Stellantis hybrid and plug-in hybrid vehicles.

EDMs produced at Szentgotthard will be used in battery electric vehicles (BEVs) based on Stellanti’s STLA platform. The end product will be stored in the existing building at the plant.

The new production at the plant will include machines of certain key components and the final assembly and testing of 3-in-1 EDMs in a combination of electric motor reduction gearset and inverter into a single unit.

Stellantis has an investment plan of 50 billion euros to add electric vehicles to the top lineup. It aims to achieve a 100 percent passenger car BEV sales mix in Europe and a 50 percent passenger car and light-duty truck BEV sales mix in the U.S. by 2030.

To accomplish these goals, the automaker is securing around 400 GWh of battery capacity from battery manufacturing factories in North America and Europe.

“The people at this plant can be proud that their work will be an integral part of our electrified future and a core element of delivering customer-focused, class-leading electrified vehicles from our iconic brands,” said Arnaud Deboeuf, Stellantis’s Chief Manufacturing Officer.

(source – Stellantis)