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Home News Energy Battery Tech

Stellantis and LG Energy Solution to build new battery plant in North America

Ben Hubbard by Ben Hubbard
25th October 2021
in Battery Tech, Energy, Industry, News, Production
Reading Time: 2 mins read
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Stellantis, formed when Fiat Chrysler Automobiles merged with Groupe PSA, and lithium-ion battery supplier LG Energy Solution (LGES), plan to build a new battery manufacturing plant that will have an annual production capacity of 40 gigawatt hours.

The location of the facility is under review, but the joint venture will be in North America. Production is expected to begin by the first quarter of 2024.

Ram is one of the brands that could potentially receive Stellantis batteries made in North America

Batteries made at the plant will be sent to Stellantis assembly plants where they can be installed into the company’s range of EV and plug-in hybrids.

“Today’s announcement is further proof that we are deploying our aggressive electrification road map and are following through on the commitments we made during our EV Day event in July,” said Carlos Tavares, chief executive of Stellantis.

“With this, we have now determined the next ‘gigafactory’ coming to the Stellantis portfolio to help us achieve a total minimum of 260 gigawatt hours of capacity by 2030.”

The Chrysler Pacifica Hybrid was one of the first Stellantis cars to use a battery from LG Energy Source

A partnership between the two companies was first established in 2014 when LG Energy Solution was selected by Stellantis to supply the battery pack system and controls for the industry’s first electric minivan, the Chrysler Pacifica Hybrid.

President and chief executive of LG Energy Solution said: “Establishing a joint venture with Stellantis will be a monumental milestone in our long-standing partnership. LGES will position itself as a provider of battery solutions to our prospective customers in the region by utilizing our collective, unique technical skills and mass-producing capabilities.”

The plant is part of Stellantis’ wider plans to invest more than €30bn through to 2025 in electrification and software development.

Further details of the new facility will be shared at a later date and is still subject to agreement on regulatory approvals.

Tags: LG Energy SolutionStellantis
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Ben Hubbard

Ben Hubbard

Ben is an experienced journalist with a passion for electric vehicles. He previously spent five-and-a-half years working in technology before completing a Masters in International Journalism at City, University of London.

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