CATL, Stellantis Build Spain Battery Factory
This is a Spain news story, published by ABC News, that relates primarily to CATL news.
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Chinese electric battery giant CATLABC News
•Technology
Technology
Chinese electric battery maker CATL and Stellantis to build battery factory in Spain

83% Informative
Chinese electric battery maker CATL and automaker Stellantis to build battery factory in Spain .
The partners said the plant will be located in Zaragoza and start producing lithium iron phosphate batteries by the end of 2026 .
The joint venture represents an investment of 4.1 billion euros ( $4.3 billion ) The plant plans to be carbon neutral, apparently by making use of Spain 's ample supplies of solar, wind and water power.
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