Panasonic's top executive in the electric vehicle (EV) sector is making a high-profile move to a new role at the heart of the European EV industry. Allan Swan, who played a pivotal role in ramping up production at Tesla's gigafactories in the US, has been tapped to lead Automotive Cells Company (ACC), a joint venture between Stellantis and Mercedes-Benz. The appointment comes as ACC scales back its European expansion plans due to slower-than-expected demand for electric vehicles. With Swan at the helm, ACC will likely focus on optimizing its existing production capacity and exploring new technologies to stay competitive in the rapidly evolving EV market.
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 ...