Siemens JV to supply equipment to EV battery factory

Zurich – Siemens signed a joint venture agreement Stellantis, Mercedes-Benz and TotalEnergy provide equipment and technology Electric car battery factory, the German engineering firm said Thursday.

The joint venture, Automotive Cells Company, is investing more than $6.79 billion to build three factories, each with a capacity of 40 gigawatt hours (GWh), by 2030 to support the expansion of EV production. i have a plan

Siemens’ digital twin technology will accelerate the ramp-up of ACC’s plants in France’s Billy Velcro Doublin, Germany’s Kaiserslautern and possibly Termoli, Italy, Siemens said.

Under the agreement, Siemens will become the preferred supplier of automation, digitalization and electrification technologies for ACC.

Terms of the partnership, which is part of the Siemens Xcelerator open digital platform launched earlier this year, were not disclosed.

The cloud-based platform with hardware, software and digital services is part of Siemens’ goal of growing its digital business at 10% annually from $5.89 billion generated in 2021.

Siemens will provide ACC with access to its digital enterprise portfolio of hardware and software, from production design to product design, product lifecycle management to energy management systems.

“ACC is using virtually every area of ​​Xcelerator, from factory construction to production automation to building services,” Cedrik Neike, managing director of Siemens, told Reuters.

“Battery factories, along with semiconductors and intralogistics, are one of the supercycles in which investments need to be made regardless of the economy,” said an executive who also heads Siemens’ digital industries division.

Siemens on Thursday announced a deal with electric vehicle company Volta Trucks to provide charging infrastructure for truck customers to help transition to electric vehicles.