Tavares said one or two battery 'gigafactories' would be necessary to meet targetsBILLY-BERCLAU, France - Stellantis will need one or even two additional large factories forbatteries in the United States to reach its output targets, the company's chief executive, Carlos Tavares, said on Tuesday.
Speaking to journalists at the inauguration of a so-called gigafactory in northern France, Tavares said the Franco-Italian carmaker would need more similar plants in North America, where it already announced plans for two sites. The U.S. Inflation Reduction Act had created"very favourable" investment conditions in the country, Tavares added.
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