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Stellantis and CATL Partner for €4.1 Billion Battery Plant in Spain
Dec 16, 2024•over 1 year ago
Contract Type
partnership
AmsterdamFinancial Services
Description
Stellantis and CATL have partnered to build a €4.1 billion battery plant in Zaragoza, Spain, a significant step towards electric vehicle (EV) production and battery independence in Europe. The plant will utilize LFP battery technology and is designed for environmental sustainability with zero carbon emissions.
Company Information
Company
Groupe PSA
Location
Amsterdam, North Holland, Netherlands
About
Groupe PSA is a multinational automotive manufacturer headquartered in France. The company produces various automobile brands including Peugeot, Citroën, and DS Automobiles. It focuses on innovation and sustainable transportation solutions. Groupe PSA is known for its commitment to electric and hybrid vehicles.