Stellantis

Stellantis converts Hungary ICE facility to make EV parts

Firm spent €103mn to upgrade the Szentgotthard facility

Tom Young Feb 13, 2024

Stellantis converts Hungary ICE facility to make EV parts — The Szentgotthard facility previously manufactured internal combustion engines

European OEM Stellantis is to start producing electric drive modules (EDMs) at its facility in Szentgotthard, Hungary from late 2026.

The move follows a €103mn ($111mn) investment to upgrade the facility — which previously manufactured only internal combustion engines — including some grants and contributions from the Hungarian government.

“Bringing production of electric drive modules to Szentgotthard to support our transformation towards electrification is another important part of our goal to provide customers with clean, safe and affordable mobility,” says Arnaud Deboeuf, Chief Manufacturing Officer at Stellantis.

EDMs produced at Szentgotthard will be used in vehicles built on the firm’s STLA small platform. Stellantis also plans medium and large versions of the platform.

Stellantis is investing more than €50bn over the next decade to reaching a 100pc passenger car battery electric vehicle (BEV) sales mix in Europe and a 50pc passenger car and light-duty truck BEV sales mix in the United States by 2030.

To achieve these sales targets, the company is securing approximately 400 GWh of battery capacity.

Stellantis currently has three gigafactories either planned or ramping up in Europe. The three European facilities will initially have a capacity of 13GWh, which Stellantis says will rise to 40GWh annually by 2030.

It also has plans for four battery plants in North America.

Published in: Stellantis, Corporate Strategy

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Tom is an experienced business writer, specialised in the energy transition Tom is passionate about Electric Vehicles and how Tesla, BYD, Rivian, Lucid and others are transforming automotive

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