Netherlands-based automotive company Stellantis has announced plans to invest $111.02m (€103m) to increase the production capacity of electric drive modules (EDM) at its facility in Szentgotthard, Hungary.
The expansion at the Szentgotthard plant, which currently builds internal combustion engines for Stellantis vehicles, will include machining key components and final assembly and testing of 3-in-1 EDM. EDM production at the plant is expected to begin in late 2026.
According to Arnaud Deboeuf, Stellantis’s Chief Manufacturing Officer, “Bringing production of electric drive modules to Szentgotthard to support our transformation towards electrification is another important part of our goal to provide customers with clean, safe, and affordable mobility. The people at this plant can be proud that their work will be an integral part of our electrified future and a core element of delivering customer-focused, class-leading electrified vehicles from our iconic brands.”
This marks Stellantis’ third investment in an EDM manufacturing facility, following Tremery-Metz in France & Kokomo in the United States. Additionally, Stellantis is also stepping up the production of electrified dual-clutch transmissions (eDCTs) for hybrid and plug-in hybrid vehicles at its facility in Mirafiori, Italy.
Stellantis expects the expansion to bring it closer to its Dare Forward 2030 targets of achieving electrification goals of 100% sales from battery electric vehicles (EVs) in Europe by 2030. It is investing $50bn in electrification efforts over the next decade.
Headquartered in Amsterdam, Netherlands, Stellantis NV is a multinational automotive manufacturing corporation that was formed from the merger of the Italian–American conglomerate Fiat Chrysler Automobiles and the French PSA Group.
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