[Ferro-Alloys.com] 

Stellantis, CATL plan to build EV battery plant in Europe

Stellantis NV and China’s Contemporary Amperex Technology Co. Ltd. plan to set up a factory for low-cost electric-vehicle batteries in Europe, deepening ties between the Fiat maker and Chinese companies.

The plant will make lithium-iron-phosphate batteries, Stellantis said Tuesday, adding that no decision has been made on its size or location. The partners are also considering a joint venture in which both contribute equally.

• [Editor:邢亚敏]