Press Release, 11 December 2024 Stellantis and CATL today yesterday, that they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale
Stellantis and CATL have agreed to invest up to €4.1bn ($4.3bn) to build a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain.
Stellantis and CATL to establish a 50 GWh EV battery plant in Zaragoza by 2026, advancing LFP battery tech and carbon-neutral production.
This partnership builds on a non-binding memorandum of understanding signed in November 2023, which outlined local LFP battery cell and module supply for Stellantis'' European EV production. The collaboration
The new facility in Spain will further support e-mobility and energy transition efforts in Europe and globally. Stellantis is pursuing a dual-chemistry battery approach, utilizing both lithium-ion
Spain subsidises Stellantis and PowerCo battery plants The Spanish Ministry of Industry has promised Stellantis subsidies totalling 133 million euros for a potential battery cell
Stellantis and CATL have agreed on a joint venture to build a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. According to the company, the site will be located close to Stellantisʼ manufacturing facility.
The expansion is LG Energy Solutionʼs response to increasing US tariffs on Chinese ESS batteries, which are expected to rise to around 38.4 percent by 2026. Chinese manufacturers such as CATL, BYD, and EVE
Car giant Stellantis and Chinese electric battery manufacturer CATL announced on Tuesday that they are going to build a major battery factory in Zaragoza, in
AESC Group has celebrated the groundbreaking of AESC''s future gigafactory for batteries in Navalmoral de la Mata, Cáceres in Spain. Primarily, the plant is poised to be
Stellantis and CATL today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron
Genezen''s hybrid semi-solid state LFP battery Genezen is introducing a next-generation energy storage solution in early 2026. A hybrid semi-solid state LFP battery system that delivers
Stellantis & CATL will build a US$4.43bn LFP battery plant in Spain by 2026, boosting EV production with a 50 GWh capacity & advancing sustainability goals In a
Spain is emerging as a key player in Europe''s lithium-ion battery industry, driven by the growing demand for electric vehicles (EVs), renewable energy storage, and industrial applications. With
Stellantis and CATL have announced that they will form a 50:50 joint venture to establish an LFP battery cell production facility in Spain. The two companies are investing up
The joint venture will build a new lithium iron phosphate (LFP) battery plant at Stellantis'' Zaragoza plant to the tune of $4.3 billion. Production is scheduled to start in late 2026.
Carmaker Stellantis and Chinese battery producer CATL have agreed to jointly invest EUR 4.1 billion in a large-scale factory in Spain to produce lithium iron phosphate (LFP)
Lithium Iron Phosphate (LFP) batteries are leading the global battery market with their unmatched safety, cost efficiency, and performance. Their rapid adoption across electric vehicles and
Stellantis und CATL wollen eine gemeinsame Fabrik für Lithium-Eisenphosphat (LFP)-Batterien in der spanischen Stadt Saragossa errichten.
The Asia Pacific dominated the Lithium Iron Phosphate Battery Market Share with a share of 50.07% in 2023. Lithium iron phosphate (LFP) battery is a lithium-ion
Joint venture to build an all-new lithium iron phosphate (LFP) battery plant at Stellantis'' Zaragoza, Spain site. Production is planned to start by end of 2026 and could reach up to 50 GWh capacity.
Conclusion Tesla will likely implement the LFP 4680 battery using the 2025/015194 A1 process in two phases: pilot production by late 2025, followed by volume production in early 2026. Factory adjustments are probably
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 lithium iron phosphate (LFP)
In 2026/27, the average pack price is expected to fall below $100/kWh, based on raw material costs, competition, and pressure from alternative technology such as Na-ion batteries, which could be 30% cheaper
Stellantis and CATL have announced that they will form a 50:50 joint venture to establish an LFP battery cell production facility in Spain. The two companies are investing up to 4.1 billion euros in the factory for LFP
The Envision Energy factory in Spain will develop and manufacture the latest generation of lithium iron phosphate (LFP) battery products, with production expected to begin
Stellantis and the Chinese battery giant Contemporary Amperex Technology Co., Ltd. (CATL) have announced an investment of up to $4.33 billion to establish a low-cost electric vehicle (EV) battery manufacturing
Stellantis and Contemporary Amperex Technology Co announced on Tuesday a 50-50 joint venture to build one of Europe''s largest electric vehicle battery factories in Spain. The €4.1 billion euros ($4.33 billion)
In order to establish a joint venture that would construct a massive European lithium iron phosphate (LFP) battery facility in Zaragoza, Spain, Stellantis and CATL have revealed plans to invest up to 4.1 billion euros
December 12, 2024: Auto manufacturer Stellantis and Chinese battery giant CATL are to invest up to €4.1 billion ($4.3 billion) in building a major lithium iron phosphate battery plant in Spain.
Production at the Zaragoza, Spain site is set to begin by late 2026, with a potential capacity of up to 50 GWh, depending on Europe''s electricity market and ongoing
Production at the Zaragoza, Spain site is set to begin by late 2026, with a potential capacity of up to 50 GWh, depending on Europe''s electricity market and ongoing support from Spanish and EU authorities. The 50-50 joint
Recently [] Stellantis and CATL have announced a joint venture aimed at establishing large-scale LFP battery plant at Stellantis’ production site in Zaragoza, Spain. According to the partners, production is planned to start by end of 2026 and could reach up to 50 GWh capacity.
The investment is expected to be up to 4.1 billion euros. The companies involved justify the move with the growing demand for electric vehicles in Europe. According to Stellantis, the project is part of its “Dare Forward 2030” plan. By producing LFP batteries, the company aims to reduce the cost of electric mobility.
CATL said the new plant will complement its existing European battery production operations in Germany and Hungary. The Zaragoza deal is expected to close during 2025, subject to various regulatory approvals. Last month, CATL announced its second-generation sodium battery that it says can operate in temperatures as low as -40°C.
The plant, projected to start production in 2026, will manufacture lithium iron phosphate (LFP) batteries, a key component in the green transition of Europe’s automotive industry. The factory will have a production capacity of 50 GWh and aims to achieve carbon neutrality, leveraging Spain’s abundant solar, wind, and hydroelectric energy resources.
