The recycling plant will come on stream in one year, while the advanced lead-acid battery production plant to produce a 'Made in UAE' brand of batteries will be commissioned in the next two years as part of the joint venture’s vertical integration and expansion.
Seri Industrial S.p.A. has announced that, on 08 March 2022, the Ministry of Economic Development – General Directorate for Business Incentives – has issued a concession decree in favour of the subsidiary FIB S.p.A. granting an amount equal to Euro 417,046,521.84 deriving from the IPCEI fund, up to the total eligible amounts defined on a funding gap basis.
Il Mise sblocca la prima tranche del finanziamento a Fib da quasi 506 milioni di euro. Nel casertano ci sarà anche il riciclo. In attesa che sia nero su bianco l’accordo per la Gigafactory Stellantis a Termoli, il Governo mette a segno un altro colpo per le batterie in Italia.
A Seri Industrial 417 milioni di fondi pubblici per la Gigafactory di batterie già attiva a Teverola. È un contributo superiore a quello stanziato per Termoli, dove verrà riconvertita la fabbrica Stellantis ex Fiat, dove si costruivano i motori Fire.
After two years of waiting, yesterday the decree of the General Directorate "Incentives to Enterprises" of the Ministry of Economic Development arrived, releasing the funding for the Teverola 2 project of FIB S.p.A. (a Seri Industrial Group subsidiary) with 417 million in non-repayable grants from the IPCEI Fund.
