Latest

Stellantis, Chinese firm CATL plan $4bn battery plant in Spain
Stellantis, Chinese firm CATL plan $4bn battery plant in Spain
Economy
by  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. - 'High-quality' EVs - Founded in 2011 in Ningde, eastern China, CATL produces more than a third of the electric vehicle batteries sold in the world.