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Stellantis, CATL to Build $4.3 Billion Battery Plant for Affordable EV Models

Stellantis, CATL to Build $4.3 Billion Battery Plant for Affordable EV Models

Chrysler, Dodge, Jeep, and Citroen parent Stellantis and China-based energy solutions company CATL announced the launch of a new joint venture, with an agreement to invest up to €4.1 billion (USD$4.3 billion) aimed at building a large-scale EV battery plant in Spain. According to the companies, the new facility will produce lithium iron phosphate (LFP) batteries, which are typically less…

Cleantech Startup SpotmyEnergy Raises €10.5 Million to Improve Home Energy Efficiency

Cleantech Startup SpotmyEnergy Raises €10.5 Million to Improve Home Energy Efficiency

German smart meter developer SpotmyEnergy announced that it has raised €10.5 million (USD $11 million) in a seed funding round, with proceeds to be used to meet product demand and further develop its technology and solutions for household energy management. Established in 2023 by German cleantech serial entrepreneur Jochen Schwill, SpotmyEnergy develops and installs smart energy consumption meters, and provides…