Mercedes and Stellantis pause European EV battery plans, look to LFP

2024 Fiat 500eMercedes-Benz and Stellantis are pausing work on two EV battery plants and may be looking to LFP battery cells to lower costs, reports Bloomberg. Automotive Cells Company (ACC), a battery supplier for the two automakers with plans to open three new battery plants in Europe at a cost of 7.6 billion euros (approximately $8.2 billion at current...