Volkswagen and Gotion hold advanced talks on Valencia battery plant stake
Gotion could take a majority JV stake, while PowerCo said it had no plan to cede control, La Tribuna de Automoción reported
Volkswagen AG and Gotion are in advanced talks over a possible stake for the Chinese company in the German automaker’s battery plant in Valencia, La Tribuna de Automoción reported on July 27.
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