Daimler expands European battery network with 33% stake in ACC venture - NewsBreak

Home > Business
By Ulises in Business
Updated 3 years ago

BERLIN, Sept 24 (Reuters) - Daimler's (DAIGn.DE) Mercedes-Benz said on Friday it will take a 33% stake in battery cell manufacturer Automotive Cells Company (ACC), expanding its European sourcing of battery cells key to its EV ambitions and currently produced primarily in Asia. ACC, founded in 2020 by France's Stellantis...

daimler-expands-european-battery-network-with-33-stake-in-acc-venture-newsbreak