Spanish lithium iron phosphate battery pack

4 FAQs about [Spanish lithium iron phosphate battery pack]

Will stellantis build a lithium phosphate battery plant in Spain?

Stellantis and CATL have announced plans to jointly build a 4.1 billion euro ($4.3 billion) lithium iron phosphate battery plant in Spain.

Will CATL & stellantis invest in a lithium phosphate battery plant?

On December 10th, CATL and Stellantis Group jointly announced – both parties will each hold 50% of the shares to establish a joint venture to build a large-scale lithium iron phosphate (LFP) battery plant in Zaragoza, Spain, with an investment of up to €4.1 billion.

When will lithium phosphate battery production start?

Production is scheduled to start in late 2026. Car giant Stellantis and the world’s leading battery producer, Chinese company CATL, will invest EUR 4.1 billion ($4.3 billion) to build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain.

Where is lithium iron phosphate (LFP) cathode made?

23. January 2025 Israeli raw materials group ICL has signed a joint venture agreement with Shenzhen Dynanonic to establish a production facility for lithium iron phosphate (LFP) cathode material in Europe. With an initial investment of approximately 285 million euros, a facility is planned in Sallent in Spain.

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