The Moroccan government signed an investment agreement with Gotion for the gigafactory with initial battery capacity of 20 GWh.
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Gotion has signed a new cooperation agreement to work with two partners on energy storage and new material development in Spain.
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Gotion's German battery plant is expected to be ready to supply European customers from October and could reach a real-world capacity of 5 GWh by mid-2024.
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