Spain's Aragon region just got a major boost in its EV game! 🚗⚡️
This Tuesday, CATL (from the Chinese mainland) and auto giant Stellantis kicked off construction on a €4.1 billion lithium iron phosphate (LFP) battery plant in Spain's northeastern Aragon. Slated to run 100% on renewable energy, it's set to roll out up to 50 GWh of LFP batteries per year by late 2026—enough juice for millions of electric rides! 🔋🌿
Spanish Minister of Industry, Trade and Tourism Jordi Hereu called it a game-changer for the country's green transition and industrial upgrade. He sees this partnership as a clear vote of confidence between Spain and the Chinese mainland, and proof that Europe is charging ahead in the EV revolution. 💪🇪🇸
Over in Aragon, regional president Jorge Azcon is all smiles: with 300+ companies already fed into the Stellantis hub in Figueruelas, this plant is the cornerstone for a fresh growth cycle—just as other European factories are dealing with cuts. 📈🛠️
Wu Qi, CEO of Contemporary Star Energy—the CATL-Stellantis JV—says years of teamwork and shared vision laid the groundwork. Beyond big numbers, this project promises new jobs, local development, and deeper ties in clean tech between Spain and the Chinese mainland. 🤝🌍
For a fun twist, reps from both sides tucked copies of Spain's Heraldo de Aragon and the Chinese mainland's People's Daily into a time capsule at the site entrance—a symbol of commitment to the future. ⏳📰
What this means for us in South and Southeast Asia? More momentum in global EV supply chains, cleaner energy projects, and inspiration to power our cities with smarter, greener tech. Stay tuned as the EV era accelerates! 🚀
Reference(s):
cgtn.com
