cross-posted from : https://lemmy.zip/post/58750124
The Stellantis-backed Automotive Cells Company (ACC) told unions it had dropped plans to build gigafactories in both Italy and Germany, the Italian metalworkers’ union UILM said in a statement on Saturday.


Stellantis is not doing so well, their stock is only worth a fourth what it was 2 years ago.
Here in Denmark, some of their traditionally popular European brands and models are beginning to recover, after they’ve finally made electric versions that aren’t horrible.
https://www.google.com/search?q=Stellantis+stock