Stellantis, China’s CATL to invest $4.33 billion in EV battery factory
REUTERS: Stellantis (STLAM.MI), opens new tab, and Chinese battery maker CATL, opens new tab will invest 4.1 billion euros ($4.33 billion) to build one of Europe’s largest electric vehicle battery factories in Spain, encouraged by lower costs and government funding. The equal joint venture in Zaragoza in northeastern Spain should