In other EV industry news, a Chinese-Slovak venture has signed a deal to establish a battery plant in Slovakia, marking another significant development in the global EV battery market. This comes as Stellantis and CATL plan to build a new gigafactory in Europe, and Nio and Chongqing Changan Auto team up for battery swapping, reflecting the dynamic shifts in the industry.
Chinese-Slovak venture signs deal for battery plant in Slovakia https://t.co/UAhEQrR06x https://t.co/BPSBybCpLc
South Korean EV battery makers lay off workers and scale back investments in US https://t.co/NyRCVSToLA
"#Stellantis is exploring a partnership w/#China’s #CATL to build low-cost electric car batteries in Europe...The 2 cos have struck a supply agreement for batteries & are in talks that may lead to a 50-50 manufacturing JV in the region, they said Tues" https://t.co/Z2rcg8r900
On November 21st, #CATL announced that it has signed a strategic #MOU with #Stellantis Group to supply lithium iron phosphate #batteries to the group in #Europe. https://t.co/S9qcyrgSWd
Stellantis and China’s CATL plan to make low-cost EV batteries in Europe, deepening ties between the Fiat maker and the global battery leader https://t.co/pDnkaEtxon
EV maker Nio and Chongqing Changan Auto are teaming up on battery swapping, the latest trend for EV upstarts partnering with traditional automakers https://t.co/feqmNgPVph
Stellantis plans deal with CATL for LPF batteries, new gigafactory https://t.co/ZXwbppTrFd