• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Patagonia Begs Drag Queen Influencer To Stop Allegedly Using Their Logo

June 3, 2026

The Current Ebola Outbreak Is A Global Threat. A Doctor Explains

June 3, 2026

Legendary Singer Peabo Bryson Dead At 75 After Suffering Stroke

June 3, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Wednesday, June 3
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Democrats seek more control over referenda in New York

    June 2, 2026

    Todd Blanche Says Trump Administration Is Ditching Weaponization Fund

    June 2, 2026

    Trump To Attend Second White House Press Corps Dinner After Assassination Attempt

    June 2, 2026

    Trump Doubles Down On Endorsing ‘Jerk’ Senator Despite Vowing To Never Back Him

    June 2, 2026

    Trump’s Ballroom Is Dead, And His Battleships Might Be Sunk

    June 2, 2026
  • Health

    The Current Ebola Outbreak Is A Global Threat. A Doctor Explains

    June 3, 2026

    Targeted Drug Shrinks Tumors In Hard-To-Treat Cancer

    June 2, 2026

    She Wasn’t Due For Her Colonoscopy. A Blood Test Found Cancer Anyway

    June 2, 2026

    Trump’s Most Favored Nation Drug Pricing Has Bold Aims, But Limited Impact

    June 2, 2026

    Ebola vaccine, Medicaid work requirements: Morning Rounds

    June 2, 2026
  • World

    From Festering Infections To Untreated Cancer, ICE Detainees Across The U.S. Describe Medical Neglect

    June 3, 2026

    Ukraine Hits Russian Energy Targets, But Denies Striking Nuclear Plant

    June 2, 2026

    Singer Dua Lipa Ties Knot With Actor Callum Turner

    June 2, 2026

    Farage Vows £300m Increase for Police Taskforce Against Grooming Gangs

    June 2, 2026

    NC Police Officer Charged After Beating Caught On Camera

    June 2, 2026
  • Business

    Patagonia Begs Drag Queen Influencer To Stop Allegedly Using Their Logo

    June 3, 2026

    First Quarter GDP Revised Downward As Voters Fret Over Economy

    May 28, 2026

    Cash Drain On Americans’ Savings Accounts Nears Great Recession Levels

    May 28, 2026

    US Voters’ Confidence In Economy Nosedives To Nearly 4-Year Low

    May 22, 2026

    Elon Musk On Track To Be World’s First Trillionaire After Latest Move

    May 21, 2026
  • Finance

    Bass and Pratt will advance in L.A. mayoral race, traders say

    June 2, 2026

    Best Wells Fargo credit cards for June 2026

    June 2, 2026

    Markets in ‘greed’ mode as AI firms ready IPOs

    June 2, 2026

    Why India Cannot Let the Rupee Float

    June 2, 2026

    Voyager Technologies to acquire Astrobotic Technology in up to $300M deal, expanding lunar ambitions

    June 2, 2026
  • Tech

    Meta’s Support Chatbot Helped Hijack High-Profile Instagram Accounts Including Obama White House

    June 2, 2026

    Luddites Weep as Scorsese and Spielberg Embrace AI

    June 2, 2026

    Anthropic Files Papers for Potential $1 Trillion AI IPO

    June 2, 2026

    Exclusive — PragerU Strikes Back After Big Tech and SPLC Attempt to Destroy Them

    June 2, 2026

    Data Breach Leaked Information of Nearly Six Million Customers

    June 2, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»European battery maker ACC in ‘exploratory’ talks about North American battery plant
Business

European battery maker ACC in ‘exploratory’ talks about North American battery plant

August 2, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
ACC inaugurates its gigafactory in northern France

A view shows the ACC logo at the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. REUTERS/Pascal Rossignol

TORONTO/PARIS, Aug 1 (Reuters) – French-based Automotive Cells Co (ACC) is in early talks with officials in Canada and the United States on setting up a battery manufacturing plant in North America, an ACC spokesperson told Reuters on Tuesday.

ACC is a joint venture between Stellantis (STLAM.MI), Total Energies (TTEF.PA) and Mercedes-Benz Group (MBGn.DE).

Its representatives met with officials from the Quebec government in Canada, from the mayor’s office in the city of Mirabel in Quebec, and with representatives of the federal government in the province in May this year, according to the provincial and federal government lobby registry.

The lobbying efforts were to enquire about direct funding, incentives and grants related to site selection, development and construction of a new battery processing facility in the province of Quebec, according to public documents.

“ACC is conducting simple exploratory studies, without commitment. We are focused on executing our already very ambitious European industrial and technological roadmap,” a company spokesperson told Reuters in a statement.

Canadian government officials were not available for an immediate comment. Officials from Invest Quebec declined to comment.

ACC said it was exploring plans in North America but gave no details on talks it has held in the United States.

The federal and provincial government lobby registry showed that the talks have terminated. According to a person familiar with ACC’s thinking, the discussions are still under way, “but they may be complicated in the light of what happened between Stellantis and LG and the Canadian government.”

See also  China EV maker BYD to build $290 mln battery component plant in Chile

The source was not authorized to discuss the matter publicly and requested anonymity.

Last month , Stellantis resolved a dispute with the Canadian government over subsidies to build an EV plant with its South Korean LG Energy Solution , under which the project could receive incentives up to C$15 billion ($11 billion).

ACC, which was launched in 2020, has announced electric-vehicle battery plants in Germany, France and Italy with a 7 billion-euro ($7.7 billion) investment.

Global auto companies and EV battery makers have been eying the North American market to set up new manufacturing plants, as Canadian and the U.S. governments roll out incentives to manufacturers, in an effort to lower their reliance on China for critical minerals.

In Canada, the provincial government of Quebec is hoping that its proximity to the U.S. port cities will help it gather some investments in the EV battery space to its province. The government has been funding lithium explorers and battery manufacturers.

Reporting by Divya Rajagopal in Toronto and Gilles Guillaume in Paris; Additional reporting by Giulio Piovaccari in Milan and Allison Lampert in Montreal
Editing by Denny Thomas, Hugh Lawson and Matthew Lewis

: .

Divya Rajagopal reports on Canada mining sector, where she covers breaking news on critical minerals deals, takeovers and mergers in the mining sector and how miners deal with climate change and ESG imperatives. Divya previously worked as a financial journalist with Economic Times and CNBC TV18 based out of India. She holds a Masters in Global Affairs from the University of Toronto and a Masters in Technology and Social Change from Lund University, Sweden.

See also  South Korea to offer $5.3 bln in financing to support battery investment in North America
ACC American Battery European exploratory Maker North Plant talks
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Patagonia Begs Drag Queen Influencer To Stop Allegedly Using Their Logo

June 3, 2026

Ukraine Hits Russian Energy Targets, But Denies Striking Nuclear Plant

June 2, 2026

All3Media Boss Jane Turton Talks Mega Banijay Merger

June 2, 2026

American Electric Power (AEP) PT Trimmed by $7, Overweight Rating Maintained

June 1, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Gavin Newsom Is ‘Obsessed’ With Fox News But ‘Would Not Recommend’ Democrats Appearing On It

July 10, 2023

Barclays and Houlihan Lokey top Q1 2026 financial services M&A adviser rankings

May 11, 2026

[Watch] MS Dhoni and daughter Ziva have some fun with their pets

June 24, 2023

Catholic Women’s School Saint Mary’s College Rescinds Decision to Admit Transgender Applicants

December 23, 2023
Don't Miss

Patagonia Begs Drag Queen Influencer To Stop Allegedly Using Their Logo

Business June 3, 2026

Patagonia, an outdoor apparel company known for its progressive politics, called on a drag queen…

The Current Ebola Outbreak Is A Global Threat. A Doctor Explains

June 3, 2026

Legendary Singer Peabo Bryson Dead At 75 After Suffering Stroke

June 3, 2026

From Festering Infections To Untreated Cancer, ICE Detainees Across The U.S. Describe Medical Neglect

June 3, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,372)
  • Entertainment (4,858)
  • Finance (3,627)
  • Health (2,185)
  • Lifestyle (1,890)
  • Politics (3,423)
  • Sports (4,370)
  • Tech (2,200)
  • Uncategorized (4)
  • World (4,695)
Our Picks

Treated Me ‘Like Chattel’ During ’80s Interview — ‘So Not Okay’

October 8, 2023

Disgraced Crypto Tycoon Sam Bankman-Fried Claims Detention Violates His Freedom Of Speech Ahead Of Trial

August 2, 2023

105 Funny Work Quotes for the Office That’ll Make You Laugh and Relieve Stress

January 29, 2025
Popular Posts

Patagonia Begs Drag Queen Influencer To Stop Allegedly Using Their Logo

June 3, 2026

The Current Ebola Outbreak Is A Global Threat. A Doctor Explains

June 3, 2026

Legendary Singer Peabo Bryson Dead At 75 After Suffering Stroke

June 3, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.