China's CATL forms joint venture with Stellantis to build electric vehicle battery factory in Spain

Chinese electric battery company CATL and automaker Stellantis say they will build a major battery factory in northern Spain

FirstFT: Qatar’s sovereign fund plans to deploy cash ‘aggressively’

Also in today’s newsletter, Microsoft poaches Google DeepMind staff, and court blocks The Onion’s purchase of Infowars
Financial Times - 15h
Stellantis and CATL to invest €4.1 bn in joint Spanish battery plant

Yahoo News - 1d
Dodge maker Stellantis and China's CATL team up to build $4.3 billion EV 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.
CNBC - 1d
Stellantis, CATL to Invest $4.3 Billion in Battery Plant in Spain

The companies said production is planned to start by end of 2026 and the plant could reach 50 gigawatt hours of capacity.
The Wall Street Journal - 1d
China’s CATL to build $4.3bn battery factory with Stellantis in European expansion

Deal for Spanish plant comes despite EU efforts to reduce reliance on Chinese technology
Financial Times - 1d
To Build Electric Cars, Jaguar Land Rover Had to Redesign the Factory

At Jaguar Land Rover’s historic Halewood factory in Merseyside, England, state-of-the art assembly robots are now building the cars of the future.
Wired - 3d
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.
CNBC - Dec. 2

FirstFT: Qatar’s sovereign fund plans to deploy cash ‘aggressively’