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Dodge maker Stellantis and China's CATL team up to build $4.3 billion EV battery plant in Spain

  • China's CATL has formed a joint venture with Stellantis to build an electric vehicle battery factory in Spain.
  • The joint venture aims to bolster the production capacity of electric vehicle batteries.
  • The factory is expected to contribute significantly to the local economy.
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165 Articles

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Left
19
Center
19
Right
8
Lean Left

The Stuttgart District Court has cleared the way for the restructuring of the struggling battery company Varta. Not all shareholders are happy with this.

·Germany
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Center

Does Stellantis accelerate on electric car. The corporate turmoil, which led to the resignation of CEO Taveres, and the sharp slowdown in sales with heavy repercussions on...

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Right

CATL and Stellantis have signed an agreement on the establishment of a new joint venture. The two companies will build a new, high-capacity battery factory in Zaragoza, Spain, with an investment of 4.1 billion euros.

·Budapest, Hungary
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Center

Stellantis and China's CATL have closed an agreement to invest up to 4.1 billion euros for a European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Objective: to start production by the end of 2026

·Italy
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Right

Stellantis will build a gigafactory in Zaragoza in agreement with the socialist government, while the Termoli project has been lost track of. At the logistics table, he gives workers another 12 months to save themselves. While in Italy, the table on the Stellantis industry crisis refers decisions back to...

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Bias Distribution

  • 41% of the sources lean Left, 41% of the sources are Center
41% Center
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Pénzcentrum broke the news in on Tuesday, December 10, 2024.
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