Gotion High-Tech receives €92 million from Spain to set up battery manufacturing facilities
Two Valladolid initiatives in cathode materials and advanced battery recycling deepen Chinese-led investment in Spain’s growing EV value chain
Leading mainland Chinese battery manufacturer Gotion High-Tech has received €92 million from Spain's PERTE VEC program to support two battery-related projects in Valladolid, consolidating Spain's position as one of Europe's hubs for the electric vehicle value chain and reinforcing mainland China's industrial advance on the continent.
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