FAAM is a leading Italian battery manufacturer specializing in lithium cells, modules, and battery systems production. As part of Seri Industrial S.p.A., FAAM operates the first mass production facility for lithium batteries in Southern Europe. Founded in 1974, the company has established itself as a significant contributor to Europe’s energy transition through its eco-friendly manufacturing processes and sustainable battery solutions.
Battery Technology
FAAM’s technology portfolio centers on two main categories: lithium-ion and lead-acid batteries. Their lithium technology includes cells, modules, and complete battery systems designed for multiple applications. The company’s LFP (Lithium Iron Phosphate) cells are manufactured using water-based processes, reducing environmental impact while maintaining high performance standards.
- LiSTORAGE and LiRACK for industrial applications
- LiBESS and LiHOME for residential energy storage
- LiTRACTION for electric vehicles and industrial machinery
In the lead-acid segment, FAAM produces:
- Starter Power batteries for automotive applications
- Motive Power solutions for industrial vehicles
- Stand-by Power systems for emergency backup
The company’s manufacturing process incorporates sophisticated battery management systems (BMS) to optimize performance and longevity. Each battery type undergoes strict quality control measures to ensure reliability and safety.
Recent Projects
In 2024, FAAM supplied LFP battery cells for Italy’s U212 NFS submarine program, demonstrating improved operational efficiency and enhanced safety features. The Teverola facility, their newest production site, began mass production of lithium cells, establishing itself as Southern Europe’s first Gigafactory.
The company also initiated partnerships with Eni and Fincantieri to advance sustainable energy storage solutions and expand their presence in the maritime sector.
Investors
FAAM operates under complete control of Seri Industrial S.p.A., which trades publicly on the EXM of Borsa Italiana. The company received substantial support through the IPCEI fund, with the Italian Ministry of Economic Development providing €417 million for the Teverola 2 project. The Civitillo family maintains position as the reference shareholder of Seri Industrial.
Business Details
Location: San Potito Sannitico (CE), Italy
Website: https://faam.com
LinkedIn: https://www.linkedin.com/company/faam-energy-saving-battery/
