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

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© Reuters. FILEPHOTO: Stellantis’ logo can be seen on a building near Paris in Velizy-Villacoublay (France), February 23, 2022. REUTERS/Gonzalo Fuentes/

ROME (Reuters). The Automotive Cells Company, a joint venture Stellantis formed with TotalEenergies and Mercedes-Benz, announced Wednesday that it will invest in Italy for a new battery plant.

In accordance with a Memorandum dated March 21, the ACC announced that it would expand its production facilities in France, Germany, and Termoli in southern Italy.

The investment details were not provided by ACC.

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