Published by Global Banking and Finance Review
Posted on November 26, 2025
1 min readLast updated: January 20, 2026
CATL and Stellantis JV are yet to decide on the number of Chinese workers for their Spain battery plant, with openness to local hires.
FIGUERUELAS (Reuters) -CATL and Stellantis' joint venture is yet to decide how many workers will come from China to construct its battery plant in Spain, the JV's chief executive told reporters on Wednesday, after reports that the firm would bring up to 2,000.
"We are just in the phase to select our subcontractors. We are not yet able to say the firm number," Wu said at the groundbreaking ceremony for the battery plant in Aragon, adding the joint venture was "very open" to hiring locals.
(Reporting by Victoria Waldersee; Editing by David Latona)
A joint venture is a business arrangement where two or more parties agree to collaborate on a specific project or business activity, sharing resources, risks, and profits.
Job creation refers to the process of generating new employment opportunities in an economy, often through new businesses, expansions, or investments in various sectors.
A battery plant is a manufacturing facility where batteries are produced, often for electric vehicles, consumer electronics, and renewable energy storage applications.
Local hiring refers to the practice of employing individuals from the local community or region, often to support economic development and reduce unemployment in that area.
The construction industry encompasses all activities related to the building of infrastructure, including residential, commercial, and industrial projects, involving various trades and skilled labor.
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