Volkswagen’s affordable EV plans have a new Chinese partner

The Next Web
By Darius PopaSep 29, 2026, 12:45 pm73 pts
Volkswagen has agreed three joint ventures with China’s Gotion to build lithium iron phosphate battery capacity, selling 49% of PowerCo’s Valencia plant and taking minority stakes in a Slovak cell plant and a Moroccan cathode plant. Volkswagen says Europe currently has no relevant capacity of its own in the…

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