Italvolt and ABB announce partnership agreement as a key step in delivering Italian gigafactory

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TURIN, Italy, Oct. 12, 2021 /PRNewswire/ -- Italvolt Spa, the company founded by Lars Carlstrom aimed 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, has selected ABB for Front End Engineering and Design (FEED) at its site in Northern Italy. It also announces its partnership agreement with the global technology company, to jointly explore how automation, electrification and digitalization solutions can fast-track production processes for battery manufacturing.