Stellantis and China’s CATL team up，$4.3 billion EV battery，Spai

 

Dodge maker Stellantis and China’s CATL team up to build $4.3 billion EV battery plant in Spain

• Automaker Stellantis and Chinese battery giant CATL on Tuesday announced plans to jointly build a 4.1 billion euro ($4.3 billion) lithium iron phosphate (LFP) battery plant in Spain.
• Dodge maker Stellantis said the plant will boost the car giant’s “best-in-class” LFP credentials in Europe, enabling the company to offer more high-quality and affordable battery-electric passenger cars and SUVs.
• It comes at a time when Europe’s automakers are facing a perfect storm of challenges on the road to full electrification.

https://www.cnbc.com/2024/12/10/stellantis-and-catl-to-build-4point3-billion-ev-battery-plant-in-spain.html