Does Spain have a battery factory?
Spain is a clear beneficiary of this mixed situation. Having its own battery factory with low-cost LFP cells is a real competitive advantage for the three Stellantis plants in Zaragoza, Vigo and Madrid – especially as Stellantis has already announced that it will build small electric cars based on the upcoming STLA Small platform in Spain.
What is happening in Spain's lithium-ion battery market?
The Spain lithium-ion battery market is entering a new stage of rapid development. The Zaragoza plant of global automotive giant Stellantis is partnering with CATL, the world’s largest EV battery manufacturer, to expand electric vehicle production and build a large-scale battery manufacturing facility in Spain.
Will stellantis build an EV battery plant in Spain?
It is highly speculated that Stellantis will build an EV battery plant in Spain, considering it already has factories in Madrid, Vigo, and Zaragoza. Stellantis plans to produce electric vehicles with its STLA small platform in the Vigo and Zaragoza plants. The Vigo plant, in particular, focuses on producing Stellantis’ Citroën vehicles.
Will Spain be a leader in Europe's Lithium-ion battery industry?
Although Stellantis has not yet made a final decision, the Spanish government is actively pushing forward the project, aiming to anchor Spain as a strategic leader in the Europe lithium-ion battery industry. A Stellantis spokesperson confirmed that the project remains subject to regulatory approval but welcomed the government’s support. 2.
Where is stellantis & CATL's battery factory in Europe?
Stellantis and CATL’s battery factory in Europe may be located in Spain. Stellantis is in the midst of picking the location of its fourth battery factory in Europe. The legacy automaker will work with CATL in the next battery plant.
How long will it take Picat to build a new battery plant?
Picat added that it would take three years to get the new battery plant in Europe operational after Stellantis and CATL finalize the details of their collaboration. The car manufacturer already announced electric vehicle (EV) battery factories in France, Germany, and Italy.
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