VW, Gotion ramp up battery production in Europe, Morocco amid rising EV demand

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Por Daniel Ren — South China Morning Post – News feed

Advertisement Electric & new energy vehicles Business China Business VW, Gotion ramp up battery production in Europe, Morocco amid rising EV demand

Gotion will invest about €1.6 billion to build three manufacturing facilities in Spain, Slovakia and Morocco, with VW putting in a similar amount

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VW plans to reduce its Gotion holdings to 19 per cent by selling 96 million shares to an investment firm controlled by the Hefei government. Photo: AP

Daniel Ren in Shanghai Published: 10:28pm, 28 Sep 2026 Volkswagen Group and its Chinese partner Gotion High-tech have stepped up a gear in tapping global demand for electric vehicle (EV) batteries with plans to invest a combined €3.22 billion (US$3.66 billion) to set up three production lines in Europe and North Africa.

The factories, to be jointly owned by the German marque and China’s fourth-largest EV battery maker, would be capable of delivering 37.5 gigawatt hours (GWh) of lithium-ion battery capacity and 100,000 metric tons of cathode materials a year, Gotion said in an exchange filing on Monday.

The signings were “in line with Gotion’s overseas expansion strategy to consolidate our footprint in the global EV battery market while further deepening our long-term strategic partnership with Volkswagen”, the company said.

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Fonte: South China Morning Post – News feed

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