Daimler joins Stellantis as partner in European battery cell venture ACC

Mercedes EQE — Mercedes is electrifying its lineup with cars such as the EQE, introduced this month at the Munich IAA auto show. (REUTERS)

September 24, 2021 06:29 AM

BERLIN -- Daimler's Mercedes-Benz will take a 33 percent stake in battery cell manufacturer Automotive Cells Company (ACC), becoming an equal shareholder alongside the project's original founders Stellantis and TotalEnergies.

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