Stellantis, China’s CATL to invest $4.33 billion in EV battery factory in Spain
MADRID (Reuters) -Stellantis (STLA) and Chinese battery maker CATL (300750.SZ) will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said on Tuesday. The companies have set up a 50-50 joint venture for the project and expect to start production by the end of 2026….