<ul><li>Stellantis and CATL have agreed to invest up to €4.1 billion to form a joint venture for building a large-scale LFP battery plant in Spain.</li><li>The battery plant will be located in Zaragoza and is expected to start production by the end of 2026 at Stellantis's Zaragoza site.</li><li>The plant aims to reach up to 50 GWh of annual capacity, depending on the EV market in Europe and support from authorities.</li><li>The joint venture will enhance CATL's capability to supply European automakers and allow Stellantis to offer more electric vehicles in Europe.</li></ul>

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

Discover more