TURIN — Stellantis signalled its commitment to the historic carmaking city of Turin on Tuesday with an investment to boost its role in electric vehicle production and as a center for the recycling of cars and their parts.
The automaker signed an agreement with its partner Punch Powertrain to increase production of electrified dual-clutch transmissions (eDCT) for hybrid and plug-in hybrid vehicles within Mirafiori, Stellantis’ main plant in Turin.
The production will complement the existing capacity of a plant in the French city of Metz, Stellantis said in a statement on Tuesday.
CEO Carlos Tavares said Stellantis plans to produce 600,000 eDCT transmissions in Mirafiori and 600,000 in Metz.
Tavares said the company was investing upwards of 10 million euros in the gearbox upgrade, without giving a precise figure.
At full production, the Mirafiori and Metz facilities together will supply all relevant Stellantis manufacturing sites in Europe.
The Mirafiori electric transmissions assembly site is expected to start production in the second half of 2024.