Stellantis Revamps Italian Plant: €100m Electric Overhaul

• Stellantis NV is investing €100 million ($109 million) into its Mirafiori plant in Italy to reduce emissions and transition away from combustion engines. Improvements such as solar energy and ventilation, green initiatives, and rooftop solar panels and vegetation are part of CEO Carlos Tavares' plans, alongside job cuts in Italy, France, and Germany.

Stellantis NV is investing over €100 million ($109 million) into its Mirafiori plant near Turin, Italy as it strives to reduce emissions and transition away from combustion engines. The money will be used for solar energy and ventilation improvements, as well as other green initiatives. CEO Carlos Tavares is also cutting thousands of jobs in Italy, France, and Germany as a part of the transition. Alongside these cost reductions, Stellantis is creating green campuses at these sites, with rooftop solar panels and vegetation.

How is Stellantis Investing to Reduce Emissions?

• Stellantis NV is investing in renewable energy, with €100 million being used to improve the Mirafiori plant near Turin, Italy.
• This funding will be used for solar energy, ventilation improvements, and other green initiatives.
• Stellantis is also transitioning away from combustion engines, including cutting thousands of jobs in Italy, France, and Germany.
• To aid in the transition, Stellantis is also creating ‘green campuses’ at these sites, with rooftop solar panels and vegetation.
• Stellantis is investing in efficient electric vehicles with a range of over 400 miles on a single charge.
• Stellantis is also focusing on regenerative braking technology to help reduce the amount of energy required to charge electric vehicles.
• The company has committed to planting over a million trees in the next two years.