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3 FAQs about [Spain franklin battery]
Will stellantis and CATL build a lithium phosphate battery plant in Spain?
Automaker Stellantis and Chinese battery giant CATL on Tuesday announced plans to jointly build a 4.1 billion euro ($4.3 billion) lithium iron phosphate (LFP) battery plant in Spain.
How much will stellantis invest in a battery factory in Spain?
REUTERS/Gonzalo Fuentes/File Photo MADRID (Reuters) -Stellantis and Chinese battery maker CATL 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.
Why did Spain give a Chinese EV factory to Spain?
VOTE ABSTENTION The decision to award the factory to Spain comes after it abstained on a vote to impose additional EU tariffs on Chinese EV imports. Prime Minister Pedro Sanchez has also urged the EU to reconsider penalising Chinese-made EVs to avoid a trade war.





























