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, Spain. Designed to be completely carbon neutral, the battery plant will be implemented in several phases and investment plans. Targeted to start production by end of 2026 at…
Stellantis and CATL will invest 4.1 billion euros in an LFP battery JV in Spain
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