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AFP News

Stellantis, Chinese Firm CATL Plan $4bn Battery Plant In Spain

Stellantis CATL Spain Europe Robin Zeng electric vehicle China

China's CATL is a major vehicle battery maker (Credit: AFP)

Car giant Stellantis and Chinese manufacturer CATL said Tuesday they would build a $4.3-billion factory to make electric vehicle batteries in Spain, the latest bid to boost Europe's troubled EV drive.

They said they aim to start production by the end of 2026 at the site in the northern city of Zaragoza.

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Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

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One subscription that gives you access to news from hundreds of sites

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Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

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