Stellantis (STLA) Signs Memorandum Of Understanding With CATL For LFP Battery Supply – November 22, 2023
Stellantis (STLA – Free Report) has entered into a binding agreement with Contemporary Amperex Technology Co. (CATL) to localize the supply of lithium iron phosphate (“LFP”) batteries and cells that power the automaker’s electricity. have entered into a Memorandum of Understanding (“MoU”). Production of motor vehicles (“EVs”) in Europe. To… Source: www.zacks.com