The partners said Tuesday that the plant to make lithium iron phosphate batteries will be located in Zaragoza and start production by the end of 2026.
BUSINESS
China make-up mogul becomes billionaire on hot Hong Kong IPO
His namesake firm, Mao Geping Cosmetics, could raise up to HK$2.1 billion (S$362 million) in the listing. Read more at straitstimes.com.
China’s CATL, Stellantis to jointly build electric vehicle battery factory
Chinese electric battery giant CATL and automaker Stellantis say they will build a major battery factory in northern Spain
VIEW China’s November export growth slows ahead of Trump tariffs
China’s exports grew at a slower pace in November than the previous month, while imports shrank, signalling concerns for the world’s No. 2 economy as U.S. President-elect Donald Trump’s imminent return to the White House…
Stellantis, China’s CATL to invest $4.33 billion in EV battery factory in Spain
Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said on Tuesday.
China Exports Growth Slows Unexpectedly, Imports Drop Further
China’s exports grew at a slower pace in November, falling short of economists’ expectations that trade tensions would offer a boost as businesses front-load shipments to get ahead of tariffs.
China’s CATL plans to set up $4 bln battery JV in Spain with Stellantis
Chinese electric vehicle giant CATL has plans to set up a battery joint venture with Stellantis in Spain, according to a CATL stock filing on Tuesday.
China’s Exports Growth Slows Unexpectedly
Exports grew 6.7% from a year earlier in November, down from October’s 12.7% jump, according to data released Tuesday by the General Administration of Customs Bureau.
China’s Jinxin Technology prices $5M IPO at $4.00 per ADS
Digital content service provider in China,Jinxin Technology Holding Company (NASDAQ:NAMI) announced the closing of its initial public offering of 1.25M ADSs at a price to the public of $4.00 per ADS.
China’s November imports post surprise drop; sharpest decline in 14 months
Export has been a rare bright spot as the world’s second largest economy contends with lackluster domestic consumption and a prolonged housing downturn.
China’s exports slow, imports decline, in November falling below forecasts
China’s exports slowed in November and its imports fell, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost domestic business activit …
China’s exports slow sharply, imports shrink ahead of Trump tariffs
China’s exports grew at a slower pace in November than the bumper month before, while imports unexpectedly shrank, in a worrying sign for the world’s No. 2 economy as Donald Trump’s imminent return to …
China’s exports and imports miss expectations in November as economic worries deepen
Export has been a rare bright spot as the world’s second largest economy contends with lackluster domestic consumption and a prolonged housing downturn.
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