CATL and Stellantis sign MoU for LFP battery supply in Europe

CATL and Stellantis signed a non-binding MoU for the local supply of LFP battery cells and modules for Stellantis' European EV production. They are considering forming a joint venture with equivalent contributions.

“CATL and Stellantis N.V. today announced the signing of a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis' electric vehicle production in Europe.”prnewswire.com

• 1 source
• prnewswire.comCATL and Stellantis Sign Strategic MoU for the Local Supply of LFP Batteries for European MarketContemporary Amperex Technology Co., LimitedNov 21, 2023

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