Stellantis and CATL begin working together to advance the manufacturing of electric cars

While some brands are placing limits on electric vehicle production, others are working to move faster towards full electric mobility. In the case of Stellantis, the group has just announced that it has signed a non-binding memorandum of understanding (MoU) relating to the local supply of LFP battery cells and modules in Europe.

In this way, the supply of this type of battery is secured for the Stellantis group’s electric cars for several years. But this is not the only agreement the two companies have reached. The creation of a joint venture in which both companies will participate is also being evaluated, which will allow their collaboration to grow.

A clear and ambitious roadmap

This memorandum guarantees a lasting collaboration through a very bold roadmap, which will support the development of Stellantis’s battery vehicles and will identify opportunities to strengthen the battery value chain.

Thanks to the incorporation of LFP-technology batteries produced by CATL, it will be possible to secure the battery technology that entry-level and mid-range cars need. These are expected to be used for the electric mobility of most electric car users, a segment where affordability and contained prices are essential.

Stellantis intends to use this energy storage technology for electric vehicles in saloons, SUVs and crossovers in the B and C segments, which are the most widely used today and which are expected to remain users’ favourites for some years.

This agreement is part of Stellantis’s strategic plan Dare Forward 2030, which aims to achieve 100% battery electric vehicle sales in Europe and 50% of electric passenger cars and light commercial vehicles in the United States by that date. With this agreement and others like it, Stellantis expects to become a company with zero CO2 emissions by 2038. A long road, and one that, as we well know, is full of obstacles.