Logo 11 Dec 2024

Stellantis, CATL announce major battery JV in Spain

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Europe just can’t break its dependence on Chinese new energy vehicle (NEV) technology.
On Tuesday, European-American auto giant Stellantis announced a partnership with Chinese battery behemoth CATL.

The companies plan to establish a 50/50 joint venture (JV) with an investment of EUR 4.1 billion to ...