EconomyChina’s Gotion to invest $1.25 billion in Volkswagen battery plant in Spain
China’s Gotion will invest 1.1 billion euros ($1.25 billion) in Volkswagen’s battery plant in Valencia, Spain, becoming a major investor in the site as part of a wider plan to jointly develop a European battery supply chain.
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Reuters★★★★☆2026-09-28 14:15Original
China’s Gotion to invest $1.25 billion in Volkswagen battery plant in Spain
Economy