Stellantis and CATL to Invest Up to 4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain
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Stellantis and CATL Plan for €4.1 Billion Mega LFP Battery Plant in Spain
Stellantis and Contemporary Amperex Technology Co., Limited (CATL) have announced an ambitious €4.1 billion joint venture to build an exceptional lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. This facility will be setting a milestone for Europe’s EV ecosystem and will simultaneously support Stellantis’ Dare Forward 2030 strategy and CATL’s mission to advance global e-mobility. Let’s deep dive into their plans… Stellantis and CA…
The factory is expected to start operations by the end of 2026 and reach a maximum capacity of 50 gigawatts/hour (GWh).
Stellantis and CATL to Invest Up to 4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain
Joint venture to build an all-new lithium iron phosphate (LFP) battery plant at Stellantis’ Zaragoza, Spain site Production is planned to start by end of 2026 and could reach up to 50 GWh capacity Stellantis is committed to bringing more affordable battery electric vehicles in support of its Dare Forward 2030 strategic plan leveraging its dual-chemistry strategy Plant will enable CATL to better meet customers’ need for advanced battery technolog…
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