“Gotion High-Tech partners with Spain's Ministry of Industry to launch €950 million battery production and recycling plants in Valladolid, boosting Spain's EV battery supply chain.”
Chinese battery maker Gotion High-Tech will invest approximately €950 million in new facilities in Valladolid, Spain. The investment will establish production lines for battery cathodes and a battery recycling plant.
The project aims to strengthen Spain’s position in the electric vehicle battery supply chain by expanding local production and recycling capabilities.
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