Geely, Leapmotor, Catl... The Chinese Engine 'Launchs a Lifeguard' to Spanish Employment
10 Articles
10 Articles
China has broken into Spain when it needed it most. Although the automotive industry had always been one of the great pillars of the national economy, with approximately 10% of GDP, the crisis of semiconductors, low demand and a blurry road to electrification had submerged Spanish plants in an important period of turmoil. Fortunately, the EREs of Stellantis in Figueruelas are already further away, the production stops in Renault plants in Palenc…
If you can't deal with the enemy, join him. Faced with the threat of cheap Chinese electric cars that embody BYD or MG, that's what Stellantis did in 2023 when he acquired 21 % of Leapmotor. Three years later, his strategy has gone much further and after bringing to Spain models like the B10, a compact SUV more than interesting that we have already driven and a compact electric supersales for only €19,500; now Leapmotor will manufacture two mode…
The Minister of Economy, Employment and Digital Transformation of the Junta de Extremadura, Guillermo Santamaría, confirmed this Monday the beginning of the works of the cathodes factory of the Chinese company Hunan Yuneng in Mérida. This strategic project involves an investment of 800 million euros and the creation of approximately 500 direct jobs in the region. During a visit to Zafra (Badajoz), Santamaría explained that the project progresses…
The project 'Toro', the gigafactory of batteries for electric vehicles of Stellantis and the Chinese group CATL in Figueruelas (Zaragoza) how much already with all the...
The Government of Aragon has definitively approved the Project of General Interest of Aragon (PIGA) of the TORO Project to guarantee all the permits of construction of the gigafactory of batteries promoted by Contemporary Star Energy (CSE), the 'joint venture' formed by Stellantis and CATL in Figueruelas (Zaragoza). An entrepreneurship that for the president of the Aragon Government, Jorge Azcón, "follows the Community in the center of the new E…
MADRID (EFE). The arrival of Geely to Almussafes endorses the commitment to Spain of Chinese firms, which have transformed the traditional automotive map of...
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