Car maker Stellantis and Chinese battery manufacturer CATL have reached an agreement to invest up to €4.1bn to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain.
Ionna, the joint venture to build a high-powered EV charging network across North America, has received approval from regulatory authorities, and is now officially commencing operations.
Automaker Stellantis has marked the start of electric vehicle production at its Ellesmere Port manufacturing facility in the UK, as the first all-electric vans roll off the production line.
In a move that could challenge the dominance of Tesla's North American EV charging network, seven major global automakers are creating a new charging network joint venture that they say will significantly expand access to high-powered charging in North America.
The recently announced plans by seven global car makers to roll out a charging network across North America are a major win in the transition to EVs, according to environmental organisation the Sierra Club.
