China’s CATL, Stellantis Confirm $4.3bn EV Battery Plant in Spain

Quick Summary:

The companies, which have set up a 50/50 joint venture, said they will invest $4.33 billion in a factory in Zaragoza.

They expect to start making batteries by the end of 2026.

The post China’s CATL, Stellantis Confirm $4.3bn EV Battery Plant in Spain appeared first on Asia Financial.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaFranceGermanyHungaryItalySpainSwedenThailandUnited States

Topics: Transport Energy Insights ESG Transport Insights New Energy New Energy Vehicles Energy World Market Insights Electric Vehicles Global Green Energy Transport and Technology Leaders Index Asia Fintech Insights

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 10:20:47 (2 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 24320038

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