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Stellantis, CATL partner to build EUR4 bn EV battery plant in Spain

Jerry Yang, Taipei; Levi Li, DIGITIMES Asia 0

Credit: AFP

CATL and Stellantis have entered a joint venture to establish a EUR4.038 billion (approx. US$4.25 billion) battery plant in Zaragoza, Spain, with each party holding a 50% stake. As reported by Yicai, this will be CATL's third large-scale production...

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