DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Spain's New Battery Plant: A Major Step for Electric Vehicles
Spain's New Battery Plant: A Major Step for Electric Vehicles

Spain's New Battery Plant: A Major Step for Electric Vehicles

Update: 2025-11-27
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Spains Aragon region marks a significant milestone in electric vehicle production with the groundbreaking of a new battery plant by CATL and Stellantis. This joint venture, one of Chinas largest industrial investments in Spain, will produce LFP batteries, creating around 4,000 jobs and supplying Europe with electric car batteries. The plant, set to run on renewable energy, underscores Spains commitment to energy transition and partnership with Chinese companies.

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Spain's New Battery Plant: A Major Step for Electric Vehicles

Spain's New Battery Plant: A Major Step for Electric Vehicles