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Stellantis Abandons Battery Factory and Invests 41 Million Euros in Engines and Hybrids: European Auto Industry Seeks New Balance
Summary by Vrele Gume
1 Articles
1 Articles
Madhouse The European automotive industry increasingly resembles a driver trying to change direction at full speed. While politics accelerates electrification and robotization, manufacturers are simultaneously trying to preserve jobs and the stability of factories that have lived on classic engines for decades. The latest example comes from Italy: Stellantis is abandoning the planned battery factory in Termoli and is investing 41 million…
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