Stellantis and CATL to invest EUR 4.1 billion in LFP battery plant in Zaragoza, Spain

On December 10, Stellantis and CATL announced that they have reached agreement to invest up to EUR 4.1 billion in a joint venture to build a carbon neutral lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The facility is planned in phases which aims to begin production by late 2026 with a potential capa....

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