Stellantis, Mercedes-Benz, TotalEnergies Jv To Invest In Battery Plant In Italy

Stellantis, Mercedes-Benz, TotalEnergies Jv To Invest In Battery Plant In Italy

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)