Mercedes and Stellantis Pause Eu Battery Factories, May Switch to Lfp Cells
Despite rising EV sales, Mercedes and Stellantis are slowing construction on their joint EV factories, possibly to shift
Electrek 11:36 pm on June 4, 2024
Mercedes-Benz and Stellantis halt their joint EU EV battery factory project due to a potential shift towards more affordable LFP cells, despite an apparent decline in European electric vehicle sales. They plan to reassess the direction by year's end but continue targeting cost reduction for mass market appeal.
- Mercedes-Benz and Stellantis halt joint EV battery factory project
- Consider LFP cells for potential growth in the mass market segment
- Reassess plans by year's end
- Focusing on reducing costs amidst a decline in European EV sales
https://electrek.co/2024/06/04/mercedes-and-stellantis-pause-eu-battery-factories-may-switch-to-lfp-cells/