VW, Gotion ramp up battery production in Europe, Morocco amid rising EV demand
Culture Index
Score Breakdown
Relevance
3/25
Freshness
25/25
Authority
18/20
Brand Signal
12/15
Depth
6/15
5-Axis Cultural Radar
Volkswagen Group and its Chinese partner Gotion High-tech have stepped up a gear in tapping global demand for electric vehicle (EV) batteries with plans to invest a combined €3.22 billion (US$3.66 billion) to set up three production lines in Europe and North Africa. The factories, to be jointly owned by the German marque and China’s fourth-largest EV battery maker, would be capable of delivering 3
