Group14 to build battery material factory in Sagunt
Group14 says it will establish a production site in Spain, with the commitment linked to a new capital increase involving a European investor.
announcement
Volkswagen and Gotion plan three battery joint ventures
Volkswagen and Gotion High-tech are set to deepen cooperation through three joint ventures, including the battery cell factory under construction by PowerCo in Sagunto, Spain. The deal could affect battery projects in Slovakia and Morocco, but its implementation still depends on approval from the relevant authorities.
manufacturing