CATL and Stellantis Join Forces for $4.3bn Battery Plant in Spain 宁德时代与Stellantis合作在西班牙建造价值43亿美元电池工厂 CATL and Stellantis will invest €4.1bn to establish a lithium battery factory in Zaragoza, Spain, marking a significant European expansion for the Chinese battery giant. The j...
The Zaragoza plant will make lithium iron phosphate (LFP) batteries, which are cheaper to produce but less powerful compared with nickel manganese cobalt (NMC) ones, the other current mainstream technology. The companies said the factory, which will be designed to be completely carbon neutral, wou...
AutomakerStellantisand Chinese battery giantCATLon Tuesday announced plans to jointly build a 4.1 billion euro ($4.3 billion), large-scale lithium iron phosphate (LFP) battery plant in Spain. The 50-50 joint venture could reach up to 50 gigawatt hours, subject to the evolution of the...
battery production at the end of 2026 in the “existing Zaragoza vehicle plant,” Azcon is quoted inLa Tribuna de Automoción, among others. It is known that the cell factory will be built directly next to the existing Stellantis vehicle plant in Zaragoza on an 80-hectare site. However, ...
Stellantis and CATL aim to increase the diversity and availability of a range of battery chemistries in Europe. By Will Girling
Beijing (Gasgoo)-Stellantis and Contemporary Amperex Technology Co., Ltd. (CATL) announced on December 10 their agreement to invest up to €4.1 billion in a joint venture to build a large lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. ...
The Spanish business community welcomed last week's announcement that multinational auto company Stellantis and Chinese battery producer CATL have teamed up to build a 4.1-billion-euro (4.3 billion USD) battery plant in northeast Spain. You may like New direct shipping route between China, southeas...
CATL’s battery plant in the German state of Thuringia started production in January last year, and BMW Group was the first client. Another factory the world's biggest EV battery supplier has built in the Hungarian city of Debrecen is also operational, and Mercedes Benz will be its main ...
More News US commits to $7.54 billion loan for Stellantis venture to build 2 electric vehicle battery plants December 2, 2024 Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales December 2, 2024 The UK will consult on sales targets for automakers ...
10, 2024 /PRNewswire/ -- Stellantis and CATL today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, ...