This Jan. 19, 2021 record photograph shows the Stellantis motion extracurricular the Chrysler Technology Center successful Auburn Hills, Mich. Luxury automaker Mercedes-Benz is teaming up with Stellantis and TotalEnergies successful a European electrical conveyance artillery associated venture, Automotive Cells Co. The partners successful Automotive Cells program to summation the company's concern capableness to astatine slightest 120 gigawatt-hours by 2030. Credit: AP Photo/Carlos Osorio, File
Luxury automaker Mercedes-Benz is teaming up with Stellantis and TotalEnergies successful a European electrical conveyance artillery associated venture, Automotive Cells Co.
Each volition clasp a one-third involvement successful the venture, which volition person an concern of much than 7 cardinal euros ($8.2 billion).
The partners successful Automotive Cells program to summation the company's concern capableness to astatine slightest 120 gigawatt-hours by 2030. The institution was founded successful August 2020 and is looking to make and marque battery cells and modules for electric vehicles with a absorption connected safety, performance, competitiveness and a debased c footprint.
In July, Mercedes-Benz said it is stepping up its modulation to electric cars, doubling the stock of income planned by 2025 and sketching retired a marketplace script successful which caller car income would "in essence" beryllium afloat electrical by the extremity of the decade. The institution plans to put 40 cardinal euros ($47 billion) successful battery-driven vehicles betwixt 2022 and 2080.
Stellantis was formed earlier this twelvemonth by a merger involving Fiat and Chrysler.
A logo of the German car shaper Mercedes Benz is pictured successful Berlin, Germany, Friday, June 25, 2021. Luxury automaker Mercedes-Benz is teaming up with Stellantis and TotalEnergies successful a European electrical conveyance artillery associated venture, Automotive Cells Co. Credit: AP Photo/Michael Sohn, File
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