MILAN (Reuters) – Carmaker Stellantis plans to start the conversion of its engine and gearboxes plant in Termoli, in Southern Italy, into the group’s third battery producing facility in Europe in 2024, Italian unions said on Monday. As part of its electrification plans, Stellantis will build three so called ‘gigafctories’ in Europe, in France, Germany and Italy, though its ACC joint venture with Mercedes and TotaleEnergies, for a total capacity of at least 120 gigawatt hours (GWh) by 2030. Two more battery plants will be built in North America with partners LG Energy Solution (LGES) and Samsun…
