China Just Took Over Europe’s EV Battery Dreams–In Spain’s Backyard

This article first appeared on GuruFocus. Spain just fired a shot across Europe’s industrial landscape, and the echo could be loud. Stellantis (NYSE:STLA) and China’s CATL have broken ground on a 4.1 billion battery plant in northern Spain, a project that could be seen as Europe leaning on Beijing even as policymakers try to counter… Continue reading China Just Took Over Europe’s EV Battery Dreams–In Spain’s Backyard

CATL and Stellantis break ground on Spain’s largest EV battery plant

China’s CATL and carmaker Stellantis held a groundbreaking ceremony on Wednesday for their joint venture to create a major lithium iron phosphate (LFP) battery plant in the Aragon region of northeastern Spain. The deal, first announced last year, marks one of the largest Chinese industrial investments in the country. On Wednesday, executives from the joint… Continue reading CATL and Stellantis break ground on Spain’s largest EV battery plant

EU vows ‘flexibility’ for embattled auto sector

Merz, who has repeatedly spoken out against the ban, said that a tremendous effort was needed to face up the challenge of the rapid changes in the auto industry. The European Union’s industry chief vowed Wednesday to allow “flexibility” for the region’s struggling auto sector, fuelling hopes the bloc could soften a planned 2035 ban… Continue reading EU vows ‘flexibility’ for embattled auto sector

German Manager Magazine: Ferrari, Europcar, Volkswagen, Porsche – the newsletter “manage:mobility”004563

Dear reader, The record of electric models with a retro look is mediocre. Volkswagen, for example, electrified its Bulli with a T1-like look under the name ID.Buzz – and made a mistake when looking at the sales figures. On the other hand, the electrically revitalized Renault R5 appears to be better received by customers. In… Continue reading German Manager Magazine: Ferrari, Europcar, Volkswagen, Porsche – the newsletter “manage:mobility”004563

German Manager Magazine: Europcar: Why the future of the car rental company in the Volkswagen Group is shaky004562

manager Login Unlock article now Always one insight ahead. With manager+ you get access to this and all content on manager-magazin.de and in the app Buy now Your payment options: Paypal Visas Mastercard Apple Pay Google Pay Easy payment. Can be canceled at any time. Restore iTunes subscription manager+ is processed through your iTunes account… Continue reading German Manager Magazine: Europcar: Why the future of the car rental company in the Volkswagen Group is shaky004562