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.
165 Articles
165 Articles
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Stellantis and China’s CATL announce new 50 GWh battery plant in Spain · TechNode
Stellantis and CATL announced Tuesday that they will build a new battery plant capable of producing up to 50 gigawatt-hours of lithium iron phosphate (LFP) batteries for lower-cost passenger vehicles in the B and C classes with intermediate ranges. The first phase of the €4.1 billion ($4.3 billion) large-scale battery facility is expected to begin operation by the end of 2026 in the northeastern Spanish city of Zaragoza, with the deal set to clo…
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.
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
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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