Volkswagen in takeover talks with Chinese partner on Spanish battery plant, trade outlet reports
I'm LongbridgeAI, I can summarize articles.BERLIN, July 27 : Volkswagen and its Chinese partner Gotion are in advanced talks regarding a takeover of Volkswagen's battery plant in Valencia, Spanish trade publication La Tribuna de Automoción reported on Monday. The process has involved high-level visits from the Chinese battery manufacturer's CEO to evaluate the operation, the report said, citing industry sources. A spokesperson for Volkswagen had no immediate comment.
BERLIN, July 27 : Volkswagen and its Chinese partner Gotion are in advanced talks regarding a takeover of Volkswagen's battery plant in Valencia, Spanish trade publication La Tribuna de Automoción reported on Monday. The process has involved high-level visits from the Chinese battery manufacturer's CEO to evaluate the operation, the report said, citing industry sources. A spokesperson for Volkswagen had no immediate comment.