Stellantis joint venture ACC cancels plans for gigafactories in Italy and Germany
ACC has shelved plans for gigafactories in Italy and Germany due to low EV demand. This move follows a record drop in Stellantis shares seen yesterday.
Insights:
Automotive Cells Company (ACC), the battery joint venture backed by Stellantis N.V. , Mercedes-Benz Group AG , and TotalEnergies SE , has definitively shelved its plans to construct gigafactories in Termoli, Italy 
IT, and Kaiserslautern, Germany 
DE. This decision, confirmed on February 7, 2026, significantly alters the joint venture’s planned industrial footprint for European battery production and has immediate implications for the companies, unions, and regions involved. The Termoli gigafactory project and the Kaiserslautern gigafactory project had both been on standby since May 2024.
IT, and Kaiserslautern, Germany DE. This decision, confirmed on February 7, 2026, significantly alters the joint venture’s planned industrial footprint for European battery production and has immediate implications for the companies, unions, and regions involved. The Termoli gigafactory project and the Kaiserslautern gigafactory project had both been on standby since May 2024.
