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TotalEnergies & Stellantis Form Automotive Cells Company (ACC)
In 2020, a new partnership emerged in the form of a joint-venture to design and produce electric vehicle (EV) batteries. Led by TotalEnergies and Stellantis, the Automotive Cells Company (ACC) brought on a new partner, Mercedes-Benz, in 2021 to become an equal shareholder in the venture. To produce top-grade battery cells and modules, they agreed to increase industrial capacity to approximately 120 GWh by 2030.
According to the CEO of Saft (a subsidiary of TotalEnergies),
ACC is a joint venture between TotalEnergies and Stellantis to design and produce automotive batteries, and to become a leader in Europe and an international groundbreaker in its field.
Prior to co-establishing ACC, TotalEnergies’ electric mobility (e-mobility) strategy was laid out in 2019 with the goal to operate more than 150,000 EV charge points throughout European cities by 2025 — including 22,000 in Amsterdam, 3,000 in Antwerp, 1,700 in London, and 2,300 in Paris.
In addition, TotalEnergies has taken its commitments outside of the European continent by establishing joint ventures with China’s largest clean energy company, China Three Gorges (CTG), operator of the China Three Gorges Dam, to expand on initiatives for e-mobility in Asia.
