China's CATL breaks ground on huge Spanish battery plant bringing its own workers
6 Articles
6 Articles
China's CATL breaks ground on huge Spanish battery plant - bringing its own workers
China's CATL will start building Spain's largest battery factory on Wednesday, a 4.1-billion-euro ($4.8 billion) project with Stellantis that highlights Europe's reliance on Chinese technology even as Brussels seeks to tighten trade rules.
The largest battery plant in Spain will be built there.
Spain, second European car manufacturer, is positioning itself as a battery centre thanks to lower labour costs
Construction of the new CATL and Stellantis battery gigafactory in Zaragoza has just begun. The work will last approximately one year and will require a skilled workforce from China. CATL has started construction of its new battery gigafactory in Figueruelas (Zaragoza), a facility it will operate jointly with the Stellantis group, which has a vehicle manufacturing plant at the same site. Once the facility is fully operational, its annual capacit…
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