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Italy issues Stellantis an ultimatum on gigafactory plans

Italian Minister Adolfo Urso threatens withdrawal of funding should the automaker continue to waver on the planned Termoli gigafactory. By Stewart Burnett

Stellantis’ cost-cutting measures could be causing more unwanted side effects. On 22 August 2024, Italy’s Minister of Economic Development Adolfo Urso issued an ultimatum to the automaker: stick to its prior commitments to build a battery gigafactory or lose funding.

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