CATL Breaks Ground on €4.1bn Battery Plant in Spain with Stellantis
Chinese battery manufacturer CATL has commenced construction of a new €4.1 billion (approximately $4.8 billion) battery plant in Figueruelas, Aragon, Spain, marking a significant investment in European electric vehicle infrastructure. The facility is set to become the largest battery manufacturing site in Spain and will be developed alongside automaker Stellantis.Key TakeawaysCATL's €4.1 billion plant will produce batteries for electric vehicles, supported by over €300 million in European Union funding.The project is expected to create around 2,000 jobs once operational and will be located in Figueruelas, a small town of approximately 1,300 residents.Local unions anticipate that the plant will employ roughly 3,000 Spanish workers after training, showcasing an investment model for re-indust...









