Mercedes-Benz joins European EV battery joint venture

Mercedes-Benz joins European EV battery joint venture

3 years ago
Anonymous $WHrWmjSJBZ

https://apnews.com/bf265c5be0e83078e7d6fe24e30a6e33

Luxury automaker Mercedes-Benz is teaming up with Stellantis and TotalEnergies in a European electric vehicle battery joint venture, Automotive Cells Co.

Each will hold a one-third stake in the venture, which will have an investment of more than 7 billion euros ($8.2 billion).