"Panasonic Executive Takes the Helm at Stellantis-Mercedes Joint Venture Amid EV Market Slowdown. In a significant move, Allan Swan, a seasoned executive with a proven track record of leading the expansion of two Tesla gigafactories, has been appointed to lead Automotive Cells Company, a joint venture between Stellantis and Mercedes-Benz. The appointment comes as the European electric vehicle (EV) market experiences a slowdown, prompting the venture to scale back its ambitious expansion plans. As the EV landscape continues to evolve, Swan's expertise will be crucial in navigating the challenges and opportunities that lie ahead for Automotive Cells Company."
Allan Swan, who led Panasonic's ramp-up of two Tesla gigafactories, will lead Automotive Cells Company. The Stellantis-Mercedes joint venture has scaled back its European expansion amid slower EV ...