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It was announced on December 10th, 2024 that in order to further deepen the long-term strategic cooperative relationship between the company and Stellantis N.V ("Stellantis" for short) and support Stellantis' strategic goals of electric vehicle production and electrification, Contemporary Amperex Technology Co., Limited and its subsidiaries signed a joint venture agreement with Stellantis' subsidiaries and other four parties.I also said in my post today.It's all hot money that is soaring.

According to the agreement, Contemporary Amperex Technology Co., Limited and Stellantis plan to jointly set up a joint venture company in Spain, with each party holding 50% of the shares, and build a joint venture battery factory in Zaragoza, Aragon Autonomous Region, Spain. The estimated total investment of the battery factory is 4.038 billion euros (about 30.9 billion yuan).It's all hot money that is soaring.This move marks the further cooperation and expansion of the two companies in the global electric vehicle industry chain, aiming at promoting the development of the global electric vehicle industry and strengthening the layout of the two companies in the global automobile battery market.

Because it's a slow cowThere is no doubt that Contemporary Amperex Technology Co., Limited's technology is world-classThere is no doubt that Contemporary Amperex Technology Co., Limited's technology is world-class