Stellantis and CATL pump €4.1 billion in joint Spanish battery plant
CATL says by signing the new agreement with Stellantis, it takes the next step in its goal to make zero-carbon technology accessible across the globe /Stellantis-CATL
French-Italian-American car group Stellantis is joining forces with the world's biggest battery maker, Chinese CATL, to build a new factory at the Stellantis’ Zaragoza site in Spain to produce low-cost lithium iron phosphate (LFP) batteries. For CATL, it will be its third battery factory in Europe
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