economy
February 7, 2026
Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
Planned battery projects for Termoli, in Italy, and Kaiserslautern, in Germany, have been "definitively shelved".
TL;DR
- ACC, a Stellantis-backed battery joint venture, has dropped plans for gigafactories in Italy and Germany.
- The projects in Termoli, Italy, and Kaiserslautern, Germany, have been "definitively shelved".
- ACC stated the prerequisites to restart these projects are unlikely to be met and is considering 'different scenarios'.
- Stellantis recently saw a record single-day stock drop after booking charges for scaling down electric vehicle development.
- ACC's French plant has started production, but Italian and German projects are on hold due to weak EV demand.
- Stellantis remains committed to investing in gearbox and engine production at Termoli, offering current ACC employees continued employment within Stellantis.
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