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Euronews
Euronews
Doloresz Katanich

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

CATL Stellantis Spain European Union Europe

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.

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