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Stellantis, China's CATL to invest $4.33 billion in EV battery factory in Spain
MADRID (Reuters) -Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) to build one of Europe's largest electric vehicle battery factories in Spain, they said on Tuesday.
Stellantis, CATL to Invest $4.33 Billion in EV Battery Plant in Spain
The companies said production is planned to start by end of 2026 and the plant could reach 50 gigawatt hours of capacity.
CATL, Stellantis set to build $4.33 billion EV battery plant in Spain
Stellantis and CATL have announced an investment of up to $4.33 billion to establish a low-cost EV battery manufacturing facility in Spain.
China's CATL forms joint venture with Stellantis to build electric vehicle battery factory in Spain
Chinese electric battery company CATL and automaker Stellantis say they will build a major battery factory in northern Spain
Chinese Electric Battery Maker CATL and Stellantis to Build Battery Factory in Spain
Chinese electric battery giant CATL and automaker Stellantis say they will build a major battery factory in northern Spain
China’s CATL to build €4.1bn battery factory with Stellantis in European expansion
CATL and Stellantis will build a €4.1bn lithium battery factory in Spain, expanding China’s manufacturing footprint on European soil and boosting the European carmaker’s pivot to electric vehicles. The factory in Zaragoza,
Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain
Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain Joint venture to build an all-new
China's CATL plans to set up $4 billion battery JV in Spain with Stellantis
Chinese electric vehicle giant CATL has plans to set up a battery joint venture with Stellantis in Spain, according to a CATL stock filing on Tuesday. The JV in Spain's Zaragoza is estimated to have investment totalling 4.
8h
EV Driver Survey Sees Owners Staying Loyal to Battery Models
Nine in ten electric vehicle owners will stick to a battery-powered model when they trade in their car, mainly due to lower ...
Electrek
11h
EV battery prices are plummeting and that’s great news for buyers
EV battery prices are plummeting, falling faster than most expected. This year will mark the steepest decline since 2017.
E&E
15h
EV batteries can last 38% longer than expected — study
Electric vehicle batteries last as much as a third longer on the road than they do in a lab — potentially expanding an EV’s ...
1d
Nuclear-sized savings: New EV tech adds 10% battery range, save 3.5 mil MW yearly
Deogam unveils a revolutionary electricity recycling system that boosts EV range by 10% and reduces energy waste.
GM Authority
7d
EV Battery Will Soon Be Cheaper To Replace Than Gas Engine: Report
According to new research by Recurrent, a continuing downward trend in costs and an increase in energy density will lower the ...
Transport Topics
12h
Price of EV Battery Packs Falls Most Since 2017
The average price of lithium-ion battery packs has fallen the most in seven years, a development likely to accelerate price parity between electric vehicles and gasoline-powered cars.
CNET
7h
What Are Hydrogen Fuel Cell Electric Vehicles and Are They Worth it?
These cars promise fast refueling and zero emissions, but are they worth the hype? Here's how they stack up against other ...
Tire Review Magazine
7d
How electric vehicle power steering is used to extending EV battery life
Electric power steering systems are designed to be more energy-efficient compared to their hydraulic counterparts.
11h
Stellantis, China's CATL to invest $4.33 bln in EV battery factory in Spain
Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle ...
2d
on MSN
Looking for a New EV: A Complete Guide to Choosing the Right Electric Vehicle for Indian Roads
Selecting the right vehicle in India is a crucial factor as it is a big investment for consumers. Since there is a drive for ...
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