Italy Demands Stellantis Commit to Battery Plant or Risk Funding
Briefly

"It is the duty of [Stellantis]... to relaunch the car industry in Italy today. And we have been waiting for these answers for far, far too long," said Urso during an event in Rimini.
"We are enhancing plans for the Termoli plant to introduce a new technology for the production of cells and modules, to be in line with the evolution of the market," Stellantis announced.
The Italian government has consented to Stellantis' requests, including the company's proposal to put more money into a publicly-funded purchase bonus.
Around $2.2 billion in investments was expected to go toward the Termoli battery plant, with the Italian government contributing over $410 million from the EU's post-COVID recovery fund.
Read at TESLARATI
[
|
]