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The Independent UK
The Independent UK
National
Via AP news wire

China's CATL forms joint venture with Stellantis to build electric vehicle battery factory in Spain

CATL Stellantis Spain China European Union
Spain Electric Cars - (Copyright 2024 The Associated Press. All rights reserved)

Chinese electric battery giant CATL and automaker Stellantis announced Tuesday that they will build a major battery factory in northern Spain.

The partners said the plant will be located in Zaragoza and start producing lithium iron phosphate batteries by the end of 2026.

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