Gotion receives €92 million for two battery projects in Spain

electrive
2026.05.18 10:28
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Gotion High-Tech has been awarded €92 million under Spain's Perte VEC funding program for two battery projects in Valladolid, including a battery cathode production facility and a recycling plant. The total investment for these projects is €944.3 million, aimed at supporting Gotion's collaboration with Volkswagen in battery production.