Monthly Archive: December 2024

CATL and Stellantis to build €4.1 billion LFP battery plant in Spain

On December 10, Stellantis and CATL announced plans to invest up to €4.1 billion (4.3 billion USD) in a joint venture to construct a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The facility, expected to begin operations by late 2026, aims to reach a production capacity of up to 50 GWh, depending on […]

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China EV registrations in W49: Nio 3,700, Xiaomi 5,400, Tesla 21,900, BYD 85,000

In the first week of December, week 49 of the year, China’s EV market was mainly down, with several exceptions. Xiaomi was down 14%, BYD was down 13%, Nio was down 10%, and Tesla was up 17% compared with the previous week. Week 49 (W49) of the year was between Dec 2 and Dec 8. […]

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