Stellantis is investing €38 million in its plant in Biella, Italy, to manufacture key components for electric propulsion units (EPUs) used in vehicles based on the STLA Small platform. The funding will support the installation of 56 machine tools dedicated to producing steel shafts and gears essential for electric motors.
Located in Verrone, the Biella plant has already installed six of the planned 56 machine tools. Once fully operational, the facility will contribute to Stellantis’ European electric vehicle (EV) supply chain by supplying EPU components to other Stellantis factories across the region. Production is expected to begin in late 2027, with an annual manufacturing capacity of over 400,000 components—potentially scalable by an additional 200,000 in the future.
See also: Iveco and Stellantis Partner to Launch Two New Electric Vans
Currently, the Biella plant employs approximately 350 workers and spans 300,000 square meters. In 2023, the facility produced over 200,000 gearboxes for Stellantis’ operations in Italy and across Europe. The investment aligns with Stellantis’ broader ‘Italy Plan,’ aimed at increasing domestic production of EVs, hybrids, and related components while expanding employment opportunities.
Jean-Philippe Imparato, COO of Stellantis Enlarged Europe, emphasized the significance of the investment: “We are proud of this investment because it is in synchrony with the other activities we are developing in several European markets of the Group to project ourselves into the future. It reaffirms once again the professional skills and commitment of the people working in all the Italian plants of Stellantis, without distinction between the production of cars, commercial vehicles, components, engines, and gearboxes.”
See also: Stellantis and Leapmotor Eye $200 Million Investment in Spanish EV Production
This latest investment follows Stellantis’ recent announcement to produce eDCT (Electrified Dual Clutch Transmission) gearboxes for hybrid vehicles at its Termoli plant in Italy, with production set to commence in 2025.