• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 21st, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
A flag with the logo of Stellantis is seen at the company's corporate office building in Saint-Quentin-en-Yvelines near Paris, France, May 5, 2021. Gonzalo Fuentes/
A flag with the logo of Stellantis is seen at the company's corporate office building in Saint-Quentin-en-Yvelines near Paris, France, May 5, 2021. Gonzalo Fuentes/
Home
Business
Autos & Transportation

Stellantis will need one or two additional U.S. battery plants, CEO says

May 30th, 2023 | 11:34 AM BUSINESS Autos & Transportation 1

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Samsung hikes chipmaking prices by up to 15% on demand spike, sources say
Chery's robot unit eyes IPO, targets overseas market for police robots
Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet
China's Pony.ai plans to deploy more than 4,000 robotaxis abroad
By Reuters

Stellantis (STLAM.MI) will need one or even two additional large factories for electric vehicles batteries in the United States to reach its output targets, the company's chief executive, Carlos Tavares, said on Tuesday.

Speaking to journalists at the inauguration of a so-called gigafactory in northern France, Tavares said the Franco-Italian carmaker would need more similar plants in North America, where it already announced plans for two sites.

The U.S. Inflation Reduction Act had created "very favourable" investment conditions in the country, Tavares added.

Stellantis, whose brands include Fiat and Peugeot, is targeting a global battery production capacity of battery cells equivalent to 400 gigawatt-hours (GWh) by 2030.

It has already announced a plant in Canada and one in the U.S. state of Indiana, on top of three European gigafactories with a total capacity of 120 GWh.

  • Topic
  • France
  • CEO (UPDATE 1)
  • GIGAFACTORY/STELLANTIS
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Samsung hikes chipmaking prices by up to 15% on demand spike, sources say

Related Posts

Autos & Transportation
August 19th, 2026

Samsung hikes chipmaking prices by up to 15% on demand spike, sources sa...

Autos & Transportation
August 19th, 2026

Chery's robot unit eyes IPO, targets overseas market for police robots

Autos & Transportation
August 18th, 2026

Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet

Autos & Transportation
August 18th, 2026

China's Pony.ai plans to deploy more than 4,000 robotaxis abroad

Autos & Transportation
August 17th, 2026

Tesla prepares for Cybercab launch in August starting with rides to empl...

Autos & Transportation
August 17th, 2026

Uber, Zipline partner on US drone delivery for Uber Eats

The Wire
Aug 21st 4 h ago
Science

China hunts for lunar ice in one of solar system's coldest ...

Aug 20th 5 h ago
Asia Pacific

Japan July core CPI rises 1.8% yr/yr

Aug 20th 5 h ago
Government

DOJ seeks to question FBI officials tied to search of Trump...

Aug 20th 5 h ago
Sports

Cowboys, Saints each fined $500K for brawling at joint prac...

Aug 20th 5 h ago
Asia Pacific

Japan's core inflation accelerates in July, bolsters case f...

TRENDING ON FINANCETIME
Aug 20th, 2026 United Kingdom

UK consumer confidence jumps to two-year high, GfK says

Aug 20th, 2026 India

Focus: AI reshapes India's IT services sector contracts as clients demand more for less

Aug 20th, 2026 China

China, Indonesia ministers meet on Friday, to discuss security and economic issues

Aug 20th, 2026 Government

Ex-Google engineer's conviction for stealing AI secrets partially overturned    

Aug 20th, 2026 Sports

NFL committees recommend approval of $9.6B Seahawks sale

Markets-Sectors
TECHNOLOGY -0.29%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT