-
Recent Posts
- Trumped? Hyundai Says It Will Maintain Current MSRPs
- Honda R&D to Test Life-Support Systems in Space
- SubieEvents Returns in 2025 at Wicked Big Meet
- Annals of Marketing – Rolls-Royce Phantom Cherry Blossom
- Honda 0 SUV Appears at Red Bull Showrun x
- Toyota Top Automaker Again in U.S. Patent Rankings
- Ford Motor Q1 U.S. Retail Sales Up 5%
- GM Q1 2025 U.S. Sales Lead Auto Industry
- Annals of Marketing – Subaru and Arbor Day Foundation
- Volvo Car Recall for LG Battery Fires
- Tesla Airbag recalls on Model S and X Vehicles
- Nissan and Infiniti Brake Caliper Failure Recalls
- Ford Recalls Improperly Fixed Explorer Recalls
- Ford Recalls Previous Bronco and Escape Fire Recalls
- Renault and Nissan Shuffle Alliance Holdings
Recent Comments
- Council for Foreign Relations on April Fool’s Day – Trump Tariffs Hurting Economy
- Ford Motor Statement on Trump Pause on Trump Tariffs – His Next Economic Catastrophe
- Douglas Irwin on Trump Tariffs – His Next Economic Catastrophe
- AutoCrat on Nissan and Honda Sign Integration MOU!
- US Auto Sales Forecast Trump Bump or Bumpy 25? | AutoInformed on Trump Presidency Effects on Auto Industry – All Bad?
Archives
Meta
Tag Archives: CATL
Chinese CATL and Honda Alliance to Make EV Batteries, Technology and Maybe Autonomous Vehicles
The companies said the agreement will enable them to begin discussions on a broad range of areas including joint development, stable supply, and the recycling and reuse of batteries. Honda is spreading the risk and costs and hedging its bets on battery electric vehicles, the development of which is threatened by the ongoing Covid crisis that has already cost automotive companies billions of dollars. A key byproduct of EVS is autonomous vehicles – which may not justify the investment required for a decade or more. Continue reading
Stellantis and CATL JV for LFP Battery Plant in Spain
Stellantis (NYSE: STLA )* and CATL (Shenzhen 300750) today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Designed to be carbon neutral, the battery plant will be implemented in several phases and investment plans. The transaction is expected to close during 2025 and is subject to customary regulatory conditions.
“Stellantis is committed to a decarbonized future, embracing all available advanced battery technologies to bring competitive electric vehicle products to our customers,” said Stellantis Chairman John Elkann. “This important joint venture with our partner CATL will bring innovative battery production to a manufacturing site that is already a leader in clean and renewable energy, helping drive a 360-degree sustainable approach. I want to thank all stakeholders involved in making today’s announcement a reality, including the Spanish authorities for their continued support.” Continue reading →