EU’s reliance on Chinese EV battery tech deepens with CATL’s expansion in Spain
Europe’s dependence on Chinese electric vehicle technology is tightening as battery giant CATL prepares to send 2,000 workers to Spain to build a €4bn plant with Stellantis, the Financial Times reported recently. The project in Figueruelas, near Zaragoza, underscores both Europe’s reliance on Beijing for critical EV infrastructure and China’s determination to keep control of its intellectual property. CATL, one of the world’s most advanced battery makers, told local officials it would bring in the workers ...