BERLIN—Daimler’s Mercedes-Benz said on Friday that it will take a 33 percent stake in battery cell manufacturer Automotive Cells Company (ACC) alongside the project’s original founders Stellantis and TotalEnergies.
The purpose of the partnership is to develop cells and battery modules and “help ensure that Europe remains at the heart of the auto industry—even in an electric era”, Daimler Chief Executive Ola Kaellenius said in a statement.
