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Stellantis, Mercedes-Benz, TotalEnergies jv to invest in battery plant in Italy

Randy Mancini 5 Mar 23
FILE PHOTO: The logo of Stellantis is seen on a company's building in Velizy-Villacoublay near Paris
FILE PHOTO: The logo of Stellantis is seen on a company's building in Velizy-Villacoublay near Paris, France, February 23, 2022. REUTERS/Gonzalo Fuentes/

March 23, 2022

ROME (Reuters) – Automotive Cells Company (ACC), a joint venture Stellantis has with Mercedes-Benz and TotalEenergies, said on Wednesday it plans to invest in Italy to build a battery plant.

ACC said it would add to its facilities in France and in Germany a third production site in Termoli, in southern Italy, as agreed in a March 21 Memorandum of understanding with Italian authorities.

ACC did not give details of the investment.

(Reporting by Giulia Segreti, edititng by Cristina Carlevaro)