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Stellantis, CATL plan Europe factory for low-cost EV batteries

Citroen E-C3 full side on.jpg
The Citroen New e-C 3 will use a lithium-iron-phosphate battery to keep its retail price low.
R
By:
Reuters
November 21, 2023 06:49 AM

Stellantis aims to build a gigafactory in Europe to produce lithium iron phosphate (LFP) batteries as part of a possible joint venture with China's CATL.

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