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Stellantis backed battery maker ACC halts plans for German, Italian plants

Stellantis and Mercedes-Benz Group‘s joint battery company has stopped construction on sites in Germany and Italy to review the business in light of slowing electric-vehicle sales and high costs.
Automotive Cells Company, or ACC, is developing three battery plants in Europe at a total cost of €7 billion ($7.6 billion), starting with a factory in northern France, where it is ramping up production. The other sites are in Termoli, Italy, and Kaiserslautern, Germany.
The company said on Tuesday it needed to research and develop low-cost batteries to supply cheaper EVs and that it would confirm its industrial and construction timeline in late 2024 or early 2025.
One possibility for the Kaiserslautern site, which is a former Opel plant, is to make low-cost lithium-iron-phosphate (LFP) cells, according to ACC CEO Yann Vincent.
The plant was to become operational by 2025, with full capacity of 40 gigawatt-hours, enough to power about 600,000 cars by 2030, and would employ 2,000 people, ACC has said. But that timeline is now in question.

Stellantis, eDCT Production launch marks another milestone in €240 million transformation of iconic italian site into Mirafiori Automotive Park 2030

Stellantis N.V. has celebrated another manufacturing activity launch with electrified dual-clutch transmissions (eDCTs) at its historic Mirafiori complex in Italy, the next step in a €240 million investment in the site and for the Italian automotive industry to create the Mirafiori Automotive Park 2030. Stellantis CEO announced an additional €100 …

Stellantis and California partner to drive carbon emissions reduction efforts

Stellantis has announced a partnership with the California Air Resources Board (CARB) demonstrating the Company’s resolve to achieve its industry-leading ambition to be carbon net zero by 2038, aligned with its Dare Forward 2030 strategic plan. As part of the agreement with CARB, Stellantis pledged to expand its ongoing commitment …

Stellantis announces €5.6bn investment in South America

Stellantis has announced a substantial investment plan for the South American region totalling €5.6 billion from 2025 to 2030. It says the plan is the largest investment in the history of the Brazilian and South American automotive industry. The planned investments will support the launch of more than 40 new products …