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.

Featured Stories

Manufacturing

Here’s where global auto tariffs stand after the U.S.-U.K. trade deal

Manufacturing

U.S. tariffs on vehicles and parts work differently for imports from the U.K., Canada, Mexico and China than they do for the rest of the world.

By:

John Irwin

Here’s where global auto tariffs stand after the U.S.-U.K. trade deal

Best Practices

Wrapping up a sale next to the car means better F&I results for Ford store

Ferrari, Lamborghini now rely on hybrids for their most powerful supercars

Stellantis U.S. boss Antonio Filosa emerges as top contender for vacant CEO post, report says

Stellantis

By:

Bloomberg News

Latest News

Stellantis U.S. boss Antonio Filosa emerges as top contender for vacant CEO post, report says

German dealers lose faith in Chinese brands amid marketing confusion

Live updates on Q1 automotive earnings: Ford falls; Stellantis, VW slump; retailers react to tariffs

Live updates on tariffs: How Linamar emerged as a surprise winner

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Yugo shows model of small car planned for 2027 production start

VW dealers, after stop-sale orders, left waiting to sell ID Buzz. Again

What the auto industry wants from the new German government

2025 Chevrolet Blazer SS EV: High-performance vrooms into the future

Staying current is easy with newsletters delivered straight to your inbox.