Stellantis Highlights First ACC Battery Gigafactory In France
Portfolio Pulse from Benzinga Newsdesk
Stellantis announced its first ACC battery gigafactory in France, aiming to produce 120 GWh of batteries by 2030. The facility will support the company's goal of electrifying its entire lineup by 2025.
May 30, 2023 | 3:35 pm
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Stellantis' first ACC battery gigafactory in France will help the company achieve its electrification goals, potentially boosting its stock price.
The announcement of Stellantis' first ACC battery gigafactory in France is a significant step towards the company's electrification goals. This facility will help Stellantis produce enough batteries to support its entire lineup of electric vehicles by 2025. As the demand for electric vehicles continues to grow, this development could positively impact Stellantis' stock price in the short term.
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