Stellantis, CATL in Talks for EV Battery Supply Deal With JV Potential
Nov. 21, 2023 1:33 am ET
Stellantis has signed a memorandum of understanding with CATL for the provision of electric-vehicle batteries within the European market.
The Netherlands-based maker of Jeep and Dodge mentioned Tuesday that the nonbinding settlement with the Chinese battery maker outlines a long-term settlement for the provision of lithium iron phosphate batteries. The deal might result in a three way partnership with equal contributions, Stellantis mentioned.
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