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Fiat Chrysler to spend €50M on new battery hub in Italy

Fiat Chrysler Automobiles NV said Oct. 22 that it will initially invest about €50 million to build a new battery assembly hub at its Mirafiori plant Turin, Italy.

The company said preparations for the new battery hub are scheduled to begin in early 2020, with plans to potentially expand the hub for future projects. The facility will produce batteries for new generations of full-electric Fiat Chrysler vehicles.

The investment is part of the Italian-American automaker's e-mobility strategy. Fiat Chrysler said operators of the battery hub will work alongside collaborative robots.

During its pilot phase, the battery hub will also host training courses and prototyping and experimentation, in addition to housing a technology center that will focus on quality control and testing of components provided by third-party suppliers.

Fiat Chrysler employs about 20,000 people in its Turin complex. The company said it has earmarked more than €5 billion in investments in Italy over the 2019-2021 period.