Italy and Germany Projects Abandoned Automotive Cells Company (ACC) has officially scrapped plans to build electric vehicle battery gigafactories in Termoli, Italy, and Germany, the Italian metalworkers’ union UILM confirmed. ACC management told the union that both projects, which had been on hold since 2024, will not move forward. Talks with unions are ongoing to determine how the shutdowns will be managed. Slower EV Demand Forces Strategic Shift The company, backed by Stellantis, cited slower-than-expected growth in electric vehicle sales as the main reason for halting the projects. ACC has also been evaluating lower-cost battery technologies, adding…
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