Volkswagen to work with Gotion on LFP batteries for mass-market EVs
Volkswagen will make LFP batteries for mass-market electric vehicles through joint ventures with China’s Gotion. The move points to a push for lower-cost battery supply in Europe.
Volkswagen will make LFP batteries for mass-market EVs through joint ventures with China’s Gotion, according to the source.
The report says the companies will be working on battery production in Europe. It does not provide further details on timing or volume.
The partnership is presented as part of Volkswagen’s European battery push and is aimed at cheaper batteries for mass-market EVs.