eDCT Production Launch Marks Another Milestone in €240 Million Transformation of Iconic Italian Site into Mirafiori Automotive Park 2030
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The launch of eDCT production at Stellantis' Mirafiori complex signifies a strategic move to align with evolving industry trends towards electrification. The investment of €240 million, coupled with an additional €100 million for the Fiat 500e, underscores a commitment to innovation and sustainability. This initiative is poised to enhance Stellantis' competitive edge, particularly in the European market where stringent emissions regulations are driving the adoption of electric vehicles (EVs).
From a supply chain perspective, the Mirafiori Automotive Park 2030 project is a testament to Stellantis' vertical integration strategy. By housing activities from design to recycling, they are likely to achieve greater control over production costs and quality, which is critical in the EV market where battery and technology costs are significant. The focus on a circular economy hub further exemplifies a forward-thinking approach to resource use and sustainability, which could serve as a differentiator in the eyes of environmentally conscious consumers.
The announcement of the redesigned Fiat 500e platform, aiming to make the model more affordable, suggests a strategic push to capture a larger share of the mass market. This could potentially disrupt the A-segment in Europe, where FIAT already holds a strong position. However, achieving a balance between cost-efficiency and technological advancement will be important for Stellantis as they navigate the competitive landscape.
The Mirafiori Automotive Park 2030 project's emphasis on sustainability is reflective of the broader industry shift towards environmentally responsible practices. Stellantis' commitment to saving 36,000 tonnes of CO2 equivalent emissions contributes to the global effort to mitigate climate change impacts. This initiative aligns with international environmental objectives, such as the Paris Agreement and positions Stellantis as a leader in the shift towards carbon neutrality.
The integration of a Battery Technology Center within the park enhances Stellantis' ability to innovate in battery technology, a critical component of EVs. Advancements in this area are essential for improving range, reducing charging times and ultimately making EVs more practical for consumers. Stellantis' investment in this technology not only has environmental benefits but also serves to meet consumer demand for more efficient and reliable EVs.
Moreover, the SUSTAINera Circular Economy Hub within the park is a significant step towards a more sustainable manufacturing model. By focusing on vehicle reconditioning, dismantling and parts remanufacturing, Stellantis is contributing to the reduction of waste and promoting the reuse of materials, which is increasingly important to stakeholders who prioritize corporate social responsibility.
The strategic developments at Mirafiori, including the production of eDCTs and the additional investment in the Fiat 500e, reflect a calculated response to market demands for affordable and sustainable mobility solutions. With the EV market projected to grow significantly in the coming years, Stellantis' investments are well-timed to capitalize on this trend. By enhancing the Fiat 500e's affordability and range, Stellantis may be able to attract a broader customer base, which is vital for maintaining market share in an increasingly competitive environment.
Stellantis' focus on exporting vehicles from the Mirafiori complex also highlights the importance of global markets to the company's growth strategy. The reported increase in FIAT's global sales volume by 12% indicates strong brand performance, which could be further bolstered by the new investments at Mirafiori. However, the challenge will be to maintain this momentum amidst the intense competition, particularly from Chinese manufacturers who are also aggressively pursuing the EV market.
Lastly, the company's investments in training and collaboration with the Polytechnic of Turin signal a long-term vision for workforce development and innovation. This could foster a culture of continuous improvement and technological leadership, essential for sustaining competitive advantage in a rapidly evolving industry.
eDCT Production Launch Marks Another Milestone in
Mirafiori Automotive Park 2030
- Electrified dual-clutch transmission (eDCT) 600,000-unit yearly production launches today at the eTransmissions Assembly joint venture to help power next-generation, Stellantis-brand hybrids
- eDCT production joins eight new activities at Mirafiori since Stellantis inception, including Battery Technology Center, Circular Economy Hub, upcoming new grEEn-campus, and Pro One global headquarters, among others
- Mirafiori Automotive Park 2030 project includes more than
€240 million investment for the deep transformation of the site into a globally unique and fully-fledged hub hosting activities from design to engineering and tech, manufacturing, supply chain and recycling - Additional
€100 million investment announced today to boost the potential of the iconic Fiat 500e with a redesigned platform that will embed new generation battery tech to make this model more affordable for customers, thus more production in Mirafiori supported by incentives to boost electric vehicle market, while providing a better customer experience with a very attractive range/price ratio - Mirafiori is one of three worldwide Stellantis decision centers supporting the efficient execution of Dare Forward 2030 and home to the future of sustainable mobility, contributing to 36,000 tonnes of CO2 equivalent emissions savings by the end of project execution
TURIN, Italy, April 10, 2024 – Stellantis N.V. today celebrated another manufacturing activity launch with electrified dual-clutch transmissions (eDCTs) at its historic Mirafiori complex in Italy, the next step in a
Mirafiori is also part of the grEEn-campus transformation program underway at Stellantis and will help save 36,000 tonnes of CO2 equivalent emissions. The grEEn-campus is a place for exchanging and sharing ideas that promote creativity and efficiency, and ultimately create a highly desirable work environment. The reimagined spaces directly support Stellantis’ carbon net zero by 2038 target outlined in its Dare Forward 2030 strategy.
“Stellantis draws on its origins in Italy, France and the United States to drive its worldwide operations,” said Carlos Tavares, Stellantis CEO. “But Mirafiori is unique among Stellantis’ roots as it is becoming a fully-fledged center gathering central functions, technology development, manufacturing and circular economy activities. This is why its deep transformation, with eight new activities in Turin since we created Stellantis, requires a lot of attention, training and investment to continue delivering vehicles, technology and services that win the hearts and minds of our customers worldwide. In parallel to the launch of eDCT production, today’s announcement of an additional
Mirafiori Automotive Park 2030 is the next chapter in the historic site’s rich, 80-year history. Today it is the production location for the Abarth 500e, Fiat 500e, Maserati GranTurismo, and Maserati GranCabrio and more than
In 2023, FIAT increased its global sales volume by
Along with the onsite vehicle production, for FIAT and Maserati brands, the Mirafiori Automotive Park 2030 includes:
- Transmission/Gearbox Production: In addition to the existing production of the C514 manual gearbox for the Fiat Panda built in Pomigliano, Italy, the eTransmissions Assembly joint venture today launched eDCT production for Stellantis-brand hybrid powertrains in less than two years. The site will produce up to 600,000 eDCTs per year, in parallel to the production at Metz, France. The eDCT produced in Mirafiori is a cutting-edge while affordable hybridization technology, incorporating a 21-kW electric motor into a dual-clutch transmission. The motor delivers electric propulsion in low-torque scenarios, such as city driving or cruising, allowing the internal combustion engine to remain off
50% of the time on the urban cycle. When more torque is needed, the internal combustion engine engages. - Battery Technology Center: The state-of-the-art,
€40 million center enhances Stellantis’ capabilities to design, develop and test battery packs, modules, high-voltage cells and software that will power upcoming Stellantis brand vehicles. The center is among the largest in the European automotive industry. - SUSTAINera Circular Economy Hub: This pioneering initiative is aimed at sustainable manufacturing and consumption models. Activities include vehicle reconditioning, vehicle dismantling, and parts remanufacturing, with plans for global expansion. Stellantis aims to quadruple extended life revenues for parts and services and multiply recycling revenues by 10 times by 2030 compared to 2021.
- Upcoming grEEn-campus: A carbon neutral and collaborative workplace transformation program that aims to strengthen the roots of Stellantis’ automotive design, Tech and central functions through innovative, sustainable, and collaborative designs. The site will gather employees supporting various activities, including the worldwide decision centers for:
- Stellantis Pro One’s global headquarters to support the Company’s commercial vehicle business offensive to achieve global leadership. The commercial vehicles business represents one-third of total Stellantis revenues.
- Drive4You, by Stellantis, an in-house logistics company operating 230 trucks with 230 drivers in Italy and headquartered in Turin.
- Mobilisights, fully dedicated to growing the Company’s data as a service (DaaS) business and developing and licensing innovative B2B products, applications and services.
- Software hub with global responsibility for advanced driver assistance systems (ADAS) and STLA AutoDrive.
- Advanced Engineering, serving as the global center of expertise for plastic injection, full-size vans, software and advanced driver assistance systems.
- Stellantis Design headquarters for primary design activities for Abarth, Alfa Romeo, FIAT, Lancia, Maserati and European Jeep® vehicles.
- Italy National Sales Company
In the past five years, Stellantis has invested over
Stellantis is investing more than
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About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com
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| For more information, contact: Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com Andrea PALLARD +39 335 873 7298 – andrea.pallard@stellantis.com Claudio D’AMICO +39 334 710 7828 – claudio.damico@stellantis.com communications@stellantis.com www.stellantis.com | ||||||||
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