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Because it's a slow cowIt was announced on December 10th, 2024 that in order to further deepen the long-term strategic cooperative relationship between the company and Stellantis N.V ("Stellantis" for short) and support Stellantis' strategic goals of electric vehicle production and electrification, Contemporary Amperex Technology Co., Limited and its subsidiaries signed a joint venture agreement with Stellantis' subsidiaries and other four parties.It's all hot money that is soaring.

regrettablyIt was announced on December 10th, 2024 that in order to further deepen the long-term strategic cooperative relationship between the company and Stellantis N.V ("Stellantis" for short) and support Stellantis' strategic goals of electric vehicle production and electrification, Contemporary Amperex Technology Co., Limited and its subsidiaries signed a joint venture agreement with Stellantis' subsidiaries and other four parties.I also said in my post today.

Institutions are controlling the rhythm.Contemporary Amperex Technology Co., Limited gives back to investors, and this round of market should hit a new high.According to the agreement, Contemporary Amperex Technology Co., Limited and Stellantis plan to jointly set up a joint venture company in Spain, with each party holding 50% of the shares, and build a joint venture battery factory in Zaragoza, Aragon Autonomous Region, Spain. The estimated total investment of the battery factory is 4.038 billion euros (about 30.9 billion yuan).