Stellantis-CATL deal could bring Chinese LFP battery production to Europe

Peugeot 208 electric white clean showroom at the geneva international motorshow, ev car from stellantis group,

Stellantis is joining forces with China’s CATL to build a European gigafactory for lithium iron phosphate (LFP) batteries, a cheaper cell chemistry that could help the European automaker produce more mass market electric vehicles. The companies have signed a non-binding memorandum of understanding and are considering 50:50 ownership of the plant, which would become CATL’s […]

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