BARCELONA, Spain — Chinese electric battery company CATL and automaker Stellantis will build a major battery factory in northern Spain, the partners announced Tuesday. The EU, like the United States, is applying tariffs on electric vehicles imported from China to help protect domestic producers and encourage Chinese carmakers to move production to Europe and create local jobs. Spain’s Minister of …
Visitors check out a Ampace facility at the 12th Energy Storage International Conference and Expo in April in Beijing. Lithium battery maker Ampace, a joint venture of Contemporary Amperex Technology Co Ltd, the world's largest electric vehicle battery maker, and Amperex Technology Limited, a leading producer of lithium-ion batteries, launched on Thursday its latest power storage facility for commercial and …
Hong Kong CNN Business — Europe gave the world some of its top automakers, but it’s losing out to China in the race to define the industry’s future. “Europe might well see its carmakers massively moving production to China in the future,” said Simone Tagliapietra, an energy analyst at Fondazione Eni Enrico Mattei, a Milan-based think tank. Building electric cars …
