CATL | Oil & Gas Feed

CATL and Stellantis signed a non-binding Memorandum of Understanding for the local supply of LFP battery cells and modules to power Stellantis’ electric vehicle production in Europe.

Chinese battery producer Contemporary Amperex Technology Limited (CATL) officially announced that it will invest 7.34 billion euros to build a 100 GWh battery plant in Hungary, which is also its second battery plant in Europe.