Italvolt & ABB announce partnership agreement
Electric vehicle battery startup Italvolt and Swedish-Swiss engineering company ABB are to join forces in a key step towards delivering Italy's first gigafactory.
Italvolt, the company founded and led by Swedish businessman Lars Carlstrom, aims at creating in Italy one of the largest gigafactories in Europe for the production and storage of lithium-ion batteries for electric vehicles, with a planned capacity of 45 GWh for about 550,000 electric vehicles per year.
It has selected ABB for Front End Engineering and Design (FEED) at its site in Northern Italy.
The two companies will jointly explore how automation, electrification and digitisation solutions can fast-track production processes for battery manufacturing.
As part of the agreement, ABB will also support Italvolt in designing and developing solutions for energy management and production optimisation, as well as robotics, automation and data management, Italvolt said in a statement.
Lars Carlstrom, CEO and founder of Italvolt said: “Italvolt has the objective of gathering industrial excellences in each area of our business and we are glad to announce this partnership agreement with ABB, one of the foremost names in the global industry.
"ABB's state-of-the-art technology will help us in ensuring the sustainability of our production plant as well as enable efficient, reliable, and cost-effective production. We are happy that ABB is joining us for the journey.”
Read more: Southern Europe’s largest gigafactory to be developed in Italy
“Italvolt’s plans for large-scale manufacturing are crucial for electrical mobility, increased sustainability and reindustrialization of the region,” said Mauro Martis, South Europe Cluster Manager, Process Industries, ABB.
“Together we will explore our technologies and synergies with Italvolt, providing our know-how for this ambitious project.”
The gigafactory will be located at a former Olivetti site and is being designed by Italian automotive design house division Pininfarina Architecture.
A key goal is to contribute to the green industrialisation by becoming one of the main suppliers of green batteries in Europe and establishing Italy's presence as a preeminent battery manufacturer.
Back to Homepage
Back to Energy & Utilities