Recently, Stellantis Group and CATL New Energy Technology Co., Ltd. announced that the two parties have signed a non-binding memorandum of understanding. The memorandum stipulates that CATL will supply lithium iron phosphate to Stellantis Group locally in Europe. LFP) battery cells and modules.
As part of the Stellantis Group’s “Dare Forward 2030” strategic plan, the group’s electrification goals are: by 2030, all passenger cars sold by Stellantis in Europe will be pure electric vehicles, and all passenger cars and light-duty vehicles sold in the United States will be pure electric vehicles. 50% of the trucks are pure electric vehicles. Stellantis, meanwhile, plans to become a net-zero carbon emissions company by 2038.
Carlos Tavares, global CEO of Stellantis Group, said: “The memorandum of understanding reached with CATL on lithium iron phosphate batteries is another component of Stellantis’ long-term strategy to protect the travel freedom of Europe’s middle class. As an industry leader in the battery field, CATL will work with Stellantis’ many iconic automotive brands to bring innovative, easy-to-use and promote battery technology to customers, while also helping Stellantis Group achieve its goal of ‘reaching net-zero carbon emissions by 2038’.”
