Stellantis to Introduce Electric Drive Module Production and Speed Up Research in Hungary

Stellantis to Introduce Electric Drive Module Production and Speed Up Research in Hungary

2024. 02. 12.

In an effort to gear up for the transition, leading OEM Stellantis invests EUR 103 million to introduce production of electric drive modules (EDMs) at its plant in Szentgotthárd, Hungary. The step requires to accelerate EV manufacturing-related research; therefore, the company will also implement a EUR 10-mln R&D project. The investments are part of the company’s Dare Forward 2030 strategic plan that outlines ambitious electrification objectives.

Stellantis’ preparations for the transition are going full steam ahead. The leading OEM announced a EUR 103-mln investment that aims to add crucial Electric Drive Module (EDM) production capacities at its plant in Szentgotthárd, Hungary. In fact, the Hungarian operation will be the third location on top of France and the United States with EDM manufacturing capacities.

Machining, final assembly and testing will be all performed at the Hungary site. The new manufacturing functions should be up and running by the end of 2026 to deliver up to 630,000 pieces per year.

The investment, which is expected to create 100 new jobs, entails the necessity of reinforcing research efforts. Therefore, it has been decided that a EUR 10-mln R&D project would be also launched to enable the adaptation of Stellantis' current internal combustion engine (ICE) product-based manufacturing equipment to the EDM. Ten researchers will be added to the payroll.

Thanks to the investment the Hungary-based plant will be able to produce both technologies, namely ICEs and electric engines, which should provide a high degree of flexibility. The machining and assembly of the new electric engine drive module will be carried out in the same hall that was used for the launch of petrol engine production in Szentgotthárd in 1992.

Related articles

Sector articles

N
Feintool Elevates Tokod Operations to the Next Level

Feintool, a Swiss-owned leader in precision electrical steel and formed steel components manufacturing, is investing EUR 34.1 million to expand its Tokod facility in Hungary’s Esztergom district. The project will add 6,740 square meters to the existing plant, wi...

2024. 12. 17.

Automotive #Automotive #Feintool #Tokod #steel components manufacturing #EUR 34.1 million #high-tech manufacturing
N
More Than Hundred Hungarian Companies at BYD's Supplier Forum in Budapest

Chinese electric car manufacturer BYD first Hungarian Suppliers' Forum in Budapest attracted more than hundred domestic companies. At the two-day event, organised by HIPA Hungarian Investment Promotion Agency, Minister of Foreign Affairs and Trade Péter Szijjárt...

2024. 10. 16.

Automotive #Automotive #BYD #Szeged #OEMs #E-mobility #Automotive supplier
N
Indian Automotive Supplier Expands its Footprint in Hungary

SMR Automotive Mirror Technology Hungary Bt., a Motherson Group company, has announced to implement a EUR 33.3 million investment in Hungary. The Indian automotive supplier’s development aims to expand production and logistics capacities and install automation a...

2024. 06. 06.

Automotive #Automotive #SMR Automotive Mirror Technology #EUR 33.3 million #Automotive supplier #Rearview mirrors #Mosonmagyaróvár