# China’s Gotion to invest $1.25 billion in Volkswagen battery plant in Spain

https://mins.news/en/item/77209

- Reuters, 2026-09-28 14:15 UTC
- Economy
- Original: https://www.reuters.com/world/china/volkswagen-gotion-deepen-battery-ties-europe-vw-sells-53-stake-2026-09-28/?link_source=ta_bluesky_link&taid=6aba766f206bcd0001fd1d3c

> 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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