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Stellantis and CATL to invest up to €4.1 billion in Spanish LFP battery plant


Netherlands-headquartered automaker Stellantis and Chinese battery manufacturer CATL have agreed to invest up to €4.1 billion to form a 50/50 joint venture that will build a large-scale lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The battery plant is targeted to start production by the end of 2026 at Stellantis’s Zaragoza site. It will… Read more…

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