Catl and stellantis sign strategic mou for the local supply of lfp batteries for european market

The mou outlines joint development of a state-of-the-art technology roadmap and future battery value chain opportunities  catl and stellantis are considering the possibility of a joint investment in the form of a joint venture with equivalent contributions stellantis aims to leverage lithium iron phosphate (lfp) batteries to power its european electric vehicle production, supporting its aggressive dare forward 2030 electrification targets ningde, china , nov. 21, 2023 /prnewswire/ -- catl and stellantis n.v. today announced the signing of a non-binding memorandum of understanding (mou) for the local supply of lfp battery cells and modules to power stellantis' electric vehicle production in europe.
STLA Ratings Summary
STLA Quant Ranking