CleanTechnica•about 1 month ago
CATL Launches Factory Construction In Spain
Key Takeaway
CATL's new battery factory in Spain, driven by EU tariffs, signifies a critical localization of the battery supply chain in Europe, directly impacting future energy storage project development and costs for large power consumers.
AI Summary
- •CATL, the world's largest EV battery producer, is establishing a new factory in Spain to localize production within Europe.
- •This strategic move is a direct response to recent EU tariffs imposed on Chinese-manufactured EVs, signaling a shift in global supply chain dynamics.
- •The new European battery manufacturing capacity is expected to increase the availability and potentially stabilize pricing for EV batteries and broader energy storage solutions in the EU market.
- •For developers and large power consumers, this indicates a strengthening localized supply chain for battery storage, which could impact project timelines, procurement strategies, and costs for grid-scale or industrial battery deployments.
Topics
oempolicystorage
Article Content
CATL, the largest EV battery producer in the world (by far), is doing what some Chinese EV producers are doing — it’s launching production in Europe. With the European Union slapping tariffs on EVs manufactured in China earlier this year, Chinese EV producers are starting to build factories in Europe. ... [continued] The post CATL Launches Factory Construction In Spain appeared first on CleanTechnica .