Gotion High-Tech Invests $1.25 Billion in Volkswagen's Spanish Battery Cell Factory
EUGotion High-Tech
Chinese battery maker Gotion High-Tech is significantly boosting Volkswagen's EV production capabilities in Europe with a $1.25 billion investment. This funding will support VW's gigafactory in Sagunto, Spain, a key part of the automaker's strategy for localized battery cell production for its growing electric vehicle lineup.
Daily Newsletter
Get EV news delivered to you.
EV Digest delivered to you each morning. Free. Unsubscribe anytime.
Read the original
Reuters Autos (Google News)EV Digest summarizes news in our own words and links to the original publisher. We do not republish full articles.
EV battery and range guides
Browse all guides and tools in the EV Digest resource hub.
Daily Newsletter
Get EV news delivered to you.
EV Digest delivered to you each morning. Free. Unsubscribe anytime.