BOOSTING EV OUTPUT IN SPAIN The project is a key part of Stellantis' objective to boost EV production at its plants in the Aragon and Galicia regions. The Zaragoza plant would be CATL's third factory in Europe; the other two are wholly owned by the battery maker. CATL operates a six-year-old factory in Germany, its first in Europe, with a total investment of 1.8 billion euro to achieve an ultimate production capacity of 14 gigawatt hours. It is building a new plant in Hungary with an investment of 7.3 billion euros and planned capacity of 100 GWh. Stellantis is also the largest investor in the ACC (NS: ACC ) battery-making joint venture, together with Mercedes and French oil company TotalEnergies (EPA: TTEF ). ACC has started production at a gigafactory in France, while the development of two other gigafactories, in Italy and Germany, has stalled due to low demand for electric vehicles. ($1 = 0.9472 euros)