In the strategic heartland of the EU's accelerated green transformation, a battery super factory with a total investment of 4.1 billion euros has officially moved from blueprint to reality. On November 26th local time, the Zaragoza factory in Spain, jointly built by global automotive giant Stellantis and Chinese battery leader CATL, announced the start of construction. This not only marks a strong reinforcement for the European domestic battery supply chain, but is also regarded as a model of deepening cooperation between China and the West in the field of new energy.

Spanish Minister of Industry and Tourism, Jordi Erreu, visited the scene and announced the news. He highly praised the project, stating that this future factory is "the best contribution Spain can make to the reindustrialization of Europe". This move demonstrates Spain's ambition to leverage its location and industrial advantages to play a key role in the European electric vehicle race.
The cornerstone of this cooperation was laid as early as December 2024. At that time, CATL and Stellantis Group jointly announced the establishment of a joint venture with each holding 50% of the shares to build a large lithium iron phosphate battery factory in Zaragoza, Spain. According to the plan, the construction period of the factory is tight, and it is planned to start production by the end of 2026. Its planned annual production capacity is up to 50 gigawatt hours, which is sufficient to meet the battery demand of about 500000 electric vehicles. This project is one of the largest industrial investments received by Spain so far, expected to directly create thousands of job opportunities and significantly drive the development of related local industrial chains. Keywords: the Belt and Road, the Belt and Road project news, the Belt and Road news

When the EU's green agreement meets China's new quality productivity, this factory in Zaragoza becomes an excellent integration point. It goes beyond simple technology introduction or market exchange, marking that China Europe cooperation has entered a new stage of deep binding of capital co investment, technology co research, and market co expansion. As the factory goes into operation in 2026, it will not only give Stellantis a strong "heart" to its electric vehicle strategy, but also inject a stable and powerful Eastern force into the energy independence and decarbonization blueprint of the entire Europe.Editor/Cheng Liting
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