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VW-backed Gotion sees German battery plant go into production

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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Battery News China Deals Electric eMobility eV Gotion Gotion Global InoBat

Chinese battery maker Gotion acquires 25% stake in European firm InoBat

The deal is the first major investment in a European startup by a top Chinese global battery maker, with an initial focus on Central and Eastern Europe as well as Morocco.

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