Stellantis Deepens Europe’s Reliance on China With CATL Plant
Stellantis NV, the maker of Peugeot and Jeep vehicles, and China’s CATL broke ground on a €4.1 billion ($4.7 billion) battery plant in northern Spain, a project that highlights Europe’s...
By Clara Hernanz Lizarraga · Bloomberg
Stellantis NV, the maker of Peugeot and Jeep vehicles, and China’s CATL broke ground on a €4.1 billion ($4.7 billion) battery plant in northern Spain, a project that highlights Europe’s growing reliance on Chinese technology.