Stellantis, Chinese firm CATL plan $4bn battery plant in Spain

Madrid (AFP) Dec 10, 2024

Car giant Stellantis and Chinese manufacturer CATL said Tuesday they would build a $4.3-billion factory to make electric vehicle batteries in Spain, the latest bid to boost Europe's troubled EV drive. They said they aim to start production by the end of 2026 at the site in the northern city of...