Stellantis NV., Mercedes-Benz Group AG., and TotalEnergies SE. joint venture Automotive Cells Company looked to build an EV battery plant in Italy.
The plant would involve an investment of over €7 billion, Reuters reports.
The entrance of the plant of Dutch multinational automotive manufacturing company Stellantis in Douvrin, France on July 2, 2021. Denis Charlet/AFP via Getty Images
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