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Stellantis & CATL officially confirm LFP battery cells plant in Spain

Stellantis and CATL have announced that they will form a 50:50 joint venture to establish an LFP battery cell production facility in Spain. The two companies are investing up to 4.1 billion euros in the factory for LFP battery cells in Zaragoza near an existing Stellantis plant. (UPDATE BELOW)

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