China’s Contemporary Amperex Technology (CATL) is partnering with Stellantis to construct a battery factory in Spain, marking a significant step in their ambition to expand growth in Europe.

Chinese battery giant CATL and automaker Stellantis have announced a joint venture to build a lithium iron phosphate battery factory in Zaragoza, Spain. The 4.1 billion euro (4.3 billion USD) investment is expected to start producing batteries by the end of 2026. The...