Stellantis invests in €4.1 billion Spanish gigafactory with CATL

Stellantis and CATL to form JV for battery facility in Zaragoza, Spain

Stellantis partners with CATL to invest €4.1bn in a carbon-neutral gigafactory in Spain, targeting 50 GWh capacity to localise EV battery supply.

Why Stellantis’ decision to partner with CATL is a strategic one in terms of nearshoring and reducing costs…

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