A Made in Italy project for the energy transition in Europe

During 2019, the subsidiary FIB SpA, on the market under the brand FAAM, continued the activities of completion of the plant in Teverola (CE), as part of the redevelopment project of the former complex Indesit (Whirlpool).


The new plant has an initial installed capacity of about 300 Mwh/year of lithium accumulators for Motive Power, Storage and Defense applications and is designed to be expanded over time according to market demand.

With the Project Lithium, realized on the basis of the skills of high technological value gained by the staff in the last 10 years, FIB intends to continue in order to oversee the entire supply chain of the production of accumulators, becoming independent from Asian suppliers of lithium cells, which currently control the market completely.

The European Commission, within the program called IPCEI (Important Projects of Common European Interest) has approved a facility for a total amount of Euro 3.2 billion in favor of 17 companies operating in the following European countries: Belgium, Finland, France, Germany, Italy, Poland and Sweden.

The project of the subsidiary FIB, presented in February 2019, was examined by the Ministry of Economic Development and the EC and was considered innovative and consistent with the objectives of the project.

The energy transition to electric mobility

The project is part of the energy transition to electric mobility and emission reduction, which is a highly strategic objective for Europe and requires an extraordinary effort to develop advanced technologies and autonomous European production chains. The project also provides for the development of technologies and treatment capacities for the recycling of batteries at the end of life, in compliance with the principles of the Green Economy and Circular Economy.

FIB is planning to integrate its own lithium batteries production with the manufacture of all its other components, as it has already done for lead-acid technology.

Starting with the recycling of exhausted accumulators and recovery of active material, and thanks to the fully integrated supply chain, including the Battery Management System, a safe and innovative product can be brought to market, able to guarantee a superior performance by adapting to every customers' needs.

300 Mwh/year lithium accumulators for customized applications

Teverola 1 - Tailor Made applications  

Start up: Q1 2021

Capacity: 300 MWh/year (scalable)

Technology: LFP Soft Pouch (50 Ah) high energy density applications with integrated BMS

62 M€ Investment

Applications: Motive Power, ESS , Naval, Defense and Public Transport

A Mediterrean Gigafactory

Teverola 2 (IPCEI)

Project timesheet: 2021 - 2027

Industrial deployment: 2021-2023

R&D: 2021-2027

Capacity: 7-8 GWh/year (scalable)

Technology: Gen 3b and 4 (solid state)

505 M€ of public grant (IPCEI project)

50 ton/day of battery treatment in the recycling pilot line

Applications: All

European Commission

EU green light for integrated battery project in Belgium, Finland, France, Germany, Italy, Poland and Sweden

State aid: the Commission approves public support of €3.2 billion from seven Member States for a pan-European research and innovation project across all segments of the battery value chain.

More info:

We are hiring!

We are looking for dynamic professionals who wants to take part in one of the most important projects in the European’s transition to sustainability.

FAAM Research Center, the Group R&D company active in the development of innovative li-ion and post li-ion technologies, is looking for people who wants things make change.

For more informations:


SERI INDUSTRIAL S.p.A. · via Provinciale per Gioia, Centro Az. Quercete snc – 81016 San Potito Sannitico (CE) · P.I. 11243300156 REA CE 314821

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