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

Stellantis-backed ACC pauses plans for German and Italian battery plants as EV market slows βš‘πŸ“‰ #EV #AutomotiveNews

Stellantis CEO Carlos Tavares said the automaker is adjusting its investment plans to the pace at which market sales of EVs grow amid slowing electric-vehicle sales and the need to reduce battery costs.

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