China’s CATL to build US$4.3 billion EV battery plant in Spain with Fiat owner Stellantis
Joint venture received support from the Spanish government, which abstained in the EU’s October vote to impose extra tariffs on Chinese-made EVs.
Stellantis, China's CATL to Invest $4.33 Billion in EV Battery Factory in Spain
MADRID (Reuters) - Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said in a statement on Tuesday. They have set up a 50-50 joint venture for the project and expect to start production by the end of 2026.
Jeep-maker Stellantis is teaming up with Chinese giant CATL on a $4.3 billion EV battery plant
Stellantis (STLA), the automaker behind Jeep, Chrysler, and Ram, plans to invest up to $4.3 billion to add a new electric vehicle battery plant to its portfolio.
China's CATL forms joint venture with Stellantis to build electric vehicle battery factory in Spain
Chinese electric battery company CATL and automaker Stellantis say they will build a major battery factory in northern Spain
Chinese Electric Battery Maker CATL and Stellantis to Build Battery Factory in Spain
Chinese electric battery giant CATL and automaker Stellantis say they will build a major battery factory in northern Spain
Stellantis, CATL to Invest $4.33 Billion in EV Battery Plant in Spain
The companies said production is planned to start by end of 2026 and the plant could reach 50 gigawatt hours of capacity.
China’s CATL to build €4.1bn battery factory with Stellantis in European expansion
CATL and Stellantis will build a €4.1bn lithium battery factory in Spain, expanding China’s manufacturing footprint on European soil and boosting the European carmaker’s pivot to electric vehicles. The factory in Zaragoza,
Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain
Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain Joint venture to build an all-new
China's CATL plans to set up $4 billion battery JV in Spain with Stellantis
Chinese electric vehicle giant CATL has plans to set up a battery joint venture with Stellantis in Spain, according to a CATL stock filing on Tuesday. The JV in Spain's Zaragoza is estimated to have investment totalling 4.
Hong Kong a launch pad for Chinese EV makers, Xiaomi unveils electric SUV: 7 EV reads
From Chinese start-up Hozon eyeing exports to Chinese electric vehicle makers favouring Hong Kong, here are seven EV stories ...
Chinese EV maker set to outstrip Ford and Honda sales in show of dominance
Chinese electric vehicle maker BYD is on pace to surpass Honda and Ford in global annual sales for 2024, according to a new ...
I Tried An EV Battery Swap Station. It May Just Be The Future
They’ll still own the car, but the battery itself will remain the property of Nio. It’s a pretty hefty discount; the Onvo L60 ...
EconoTimes1d
BYD Closes in on Honda and Ford as EV Sales Rocket Toward 4 Million in 2024
BYDs November sales crossed 506,000, pushing its 2024 total near 3.8 million. With a 70% surge in hybrid sales, the Chinese ...
2026 BYD Dolphin EV Breaks Cover With A Prettier Face And A New Powertrain Option
The 2026 BYD Dolphin will be available with three different outputs, generating 94 hp (70 kW / 95 PS), 174 hp (130 kW / 177 ...
China automakers pivot to hybrids for Europe to counter EV tariffs
The bloc's latest EV tariffs to protect its auto industry from a flood of cheap Chinese imports do not apply to hybrid cars.
'I'm a car expert - this £3,000 Chinese EV looks like a Range Rover but has a problem'
Two petrolheads have shared how drivers can buy a new Range Rover-style SUV from China for £3,000, but it is not quite what ...
Business Wire3h
China Captures 61% of Global EV Traction Inverter Installation Volume in 3Q24, Europe Pushes Reforms to Rebound, Says TrendForce
China dominated the global EV traction inverter market in 3Q24 with a 61% share thanks to its localization strategy and strong domestic demand.
Chinese EV Maker BYD Asks Dozens of Suppliers for Price Cuts, Yicai Reports
BEIJING (Reuters) - Chinese electric vehicle maker BYD has requested price cuts from dozens of its suppliers, state-owned ...
Embattled Chinese EV maker Hozon eyes exports to survive brutal domestic price war
Chinese electric vehicle (EV) start-up Hozon New Energy Automobile, which is reeling from a cutthroat price war on the ...