Under the newly-created joint venture Contemporary Star Energy, Chinese battery maker CATL and global automotive player Stellantis have recently celebrated the ground-breaking ceremony of their LFP battery gigafactory located in Zaragoza, Spain.

The site is going to be “one of Europe’s most advanced facilities, designed to operate as a carbon-neutral plant with a capacity of up to 50 GWh”, according to the official press release. Moreover, during the ceremony, a time capsule was sealed to remain closed until 2045, containing objects and testimonies that reflect the vision and spirit of collaboration driving this project

More details about the new gigafactory in Zaragoza

The project, which will rely on more than 80% renewable energy supply and apply Industry 4.0 standards to ensure intelligent and sustainable processes, incorporates cutting-edge technologies such as Cell-to-Body design, enabling cells to be integrated directly into the vehicle structure, improving efficiency and safety.

The Zaragoza plant is expected tocreate more than 4,000 direct jobs and thousands of indirect jobs. The two partners invested slightly more than 4.1 billion euros in the shared project looking at the future of mobility. “Today we are not only laying the first stone of a gigafactory but also sending a message to the future: our commitment to innovation, sustainability, and shared value creation,” said Andy Wu, CEO of Contemporary Star Energy.

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