Stellantis to produce transmissions for hybrid vehicles in Termoli, sources say

MILAN, Feb 17 (Reuters) - Stellantis STLAM.MI will produce dual-clutch transmissions for hybrid vehicles also at its Termoli plant in southern Italy to help expand its offerings of hybrid cars, two sources told Reuters on Monday.

Termoli in one of the sites where Stellantis-led joint venture ACC is planning to build its three EV battery-making plants in Europe.

While a gigafactory in France has already started operations and investments continue for its development, plans for two similar facilities in Italy and Germany were officially paused last year, as ACC was switching to lower cost batteries amid slowing demand for electric vehicles (EV).