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    Brief: Gotion High Tech To Set Up JVs with Volkswagen

    Picture of Volkswagen AG logoVolkswagen AG
    28/09/2026 09:00
    BRIEF-Gotion High Tech To Set Up JVs with Volkswagen
    Sept 28 (Reuters) - Gotion High Tech 002074.SZ:
    • SAYS UNIT PLANS TO SIGN CONTRACTS VALUED AT €1.1 BILLION ($1.25 billion) WITH POWERCO SPAIN FOR 29.1 GWH LITHIUM BATTERY PROJECT
    • SAYS IT, UNITS PLAN TO SIGN €1.6 BILLION INVESTMENT DEAL VW, UNITS TO SET UP 3 JVS IN SPAIN, SLOVAKIA, MOROCCO
    Source text 1
    Source text 2
    Further company coverage: 002074.SZ

    ($1 = 0.8790 euros)

     (Reporting by Beijing Newsroom)
     ((Xiuhao.Chen@thomsonreuters.com;))

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