Stellantis (STLA) and Contemporary Amperex Technology Ltd. (CATL) (300750.SZ) have announced a joint investment of $4.33 billion to construct one of Europe’s largest electric vehicle battery manufacturing facilities. The factory will be located in Spain, with production expected to commence by the end of 2026.
Catalysts Co-hosts Seana Smith and Madison Mills discuss this deal and its impacts on the EV industry.
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This post was written by Angel Smith