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Stellantis and CATL collaborate on LFP batteries for Europe

Letter of intent includes joint development of a technology roadmap and opportunities in the battery value chain. The establishment of a joint venture is even being considered. The group aims to use lithium iron phosphate (LFP) batteries for electric vehicles in Europe.

Quickly charged, long-lasting: In August, CATL introduced the Shenxing, according to the battery specialist, the world's first ultra-fast charging 4C LFP battery, which is supposed to enable a range of 400 km with a 10-minute charge and a range of over 700 km with a full charge. | Photo: CATL
Quickly charged, long-lasting: In August, CATL introduced the Shenxing, according to the battery specialist, the world's first ultra-fast charging 4C LFP battery, which is supposed to enable a range of 400 km with a 10-minute charge and a range of over 700 km with a full charge. | Photo: CATL
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Johannes Reichel

The French automotive group Stellantis N.V. and the Chinese battery specialist CATL have signed a non-binding Memorandum of Understanding (MoU) for the supply of LFP battery cells and modules for the production of Stellantis electric vehicles in Europe. To further support the ambitious electrification strategy of the French company, they are even considering the creation of a "balanced" joint venture, it is said. The plans envisage a long-term cooperation between CATL and Stellantis in two strategic fields: to develop a technology roadmap for Stellantis' battery-electric vehicles and to explore possibilities for further strengthening the battery value chain.

"This Memorandum of Understanding with CATL for LFP battery chemistry is another component of our long-term strategy to ensure the freedom of mobility for the European middle class," said Stellantis CEO Carlos Tavares.

CATL is an industry leader in this field. They aim to provide innovative, affordable battery technology while achieving the goal of net-zero CO2 emissions by 2038.

CATL General Manager and Chairman Robin Zeng views the collaboration with Stellantis on a new level. The combination of Stellantis' expertise in automobile manufacturing and CATL's battery technology could be a decisive step for both parties on their journey towards CO2 neutrality, Zeng believes.

Long lifespan and thermal stability

With a long lifespan and high thermal stability, LFP technology is set to enable the company to offer high-quality, durable, and affordable electric vehicles in the B and C passenger car segments, including crossovers and SUVs. As part of its Dare Forward 2030 strategy plan, Stellantis aims to achieve a 100% battery electric vehicle (BEV) sales mix for passenger cars in Europe by 2030, and 50% for passenger cars and commercial vehicles in the United States. The company is currently building a series of partnerships to ensure a stable, low-CO2 supply of key materials for its electrified future.

Translated automatically from German.
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