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
Chinese Electric Battery Maker CATL and Stellantis to Build Battery Factory in Spain
Chinese electric battery giant CATL and automaker Stellantis say they will build a major battery factory in northern Spain
China's CATL plans to set up $4 billion battery JV in Spain with Stellantis
Chinese electric vehicle giant CATL has plans to set up a battery joint venture with Stellantis in Spain, according to a CATL stock filing on Tuesday. The JV in Spain's Zaragoza is estimated to have investment totalling 4.
China's CATL forms joint venture with Stellantis to build electric vehicle battery factory in Spain
Chinese electric battery company CATL and automaker Stellantis will build a major battery factory in northern Spain, the partners announced Tuesday. They said the plant will be located in Zaragoza and start producing lithium iron phosphate batteries by the end of 2026.
China’s CATL, Stellantis to jointly build electric vehicle battery factory
Chinese electric battery company CATL and automaker Stellantis say they will build a major battery factory in northern Spain
Stellantis, China's CATL to invest $4.33 billion in EV battery factory in Spain
MADRID (Reuters) -Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) to build one of Europe's largest electric vehicle battery factories in Spain, encouraged by lower costs and government funding.
Stellantis, CATL to Invest $4.33 Billion in EV Battery Plant in Spain
The companies said production is planned to start by end of 2026 and the plant could reach 50 gigawatt hours of capacity.
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