Core Points - Spain is actively responding to the electric vehicle industry's transition, aiming to solidify its position as the second-largest automotive producer in the EU, following Germany [1] - CATL's investment in a lithium iron phosphate battery factory in Spain aligns with the country's development goals and strengthens its partnership with China [1] - The joint venture between CATL and Stellantis has commenced construction with a total investment of €4.1 billion, marking the largest single investment by China in Spain [1] - The factory is expected to start production by the end of 2026, with an annual capacity of 50 GWh [1] - The project has received €300 million in funding from the EU, highlighting Europe's reliance on Chinese technology despite potential trade rule tightening [1] Investment and Employment - The factory will train up to 4,000 local workers, with a commitment from CATL to share technology to support Europe's energy transition [1][4] - CATL plans to send 2,000 Chinese employees to Spain in phases for the factory's construction, which is unprecedented for Chinese industrial projects in Europe [4] - The CEO of the Spanish factory indicated that local hiring is a priority, with plans to collaborate with Spanish universities for targeted training [4] Political and Strategic Context - The project has garnered support from both major political parties in Spain, reflecting a strategic ambition to establish Spain as a European battery production hub [5] - Spain offers competitive advantages such as industrial electricity prices 20% lower than the EU average and low labor costs, attracting global capital [5] - Despite a hardening stance from Europe towards China, Spain maintains close trade relations, as evidenced by recent high-level visits and discussions on bilateral cooperation [6]
“中企乐意分享技术,为西班牙培训4000名工人”