# Volkswagen and Gotion commit $3.7B to European battery hubs

*The three-factory partnership covers cell plants in Spain and Slovakia alongside cathode production in Morocco to bypass European Union origin and carbon rules.*

**Published:** September 28, 2026  
**By:** Mina Okoro  
**Section:** Batteries & Electric Vehicles — Cross-border  
**Format:** Breaking  
**Confidence:** medium  
**Source:** https://eastasiabrief.com/batteries-ev/volkswagen-gotion-commit-3-7b-european-battery-hubs-416  
**Publisher:** East Asia Brief (https://eastasiabrief.com/)

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## What to know

- Gotion and Volkswagen commit €3.22 billion ($3.67 billion) across three battery joint ventures
- PowerCo retains 51% in Valencia while Gotion controls 51% stakes in Slovakia and Morocco
- Valencia cell output begins in 2027 following regulatory reviews

![Workers in protective suits oversee an automated battery assembly line inside a cleanroom manufacturing facility. (AI-generated image)](https://eastasiabrief.com/media/2026-09-28-ec5b8d006b42.webp)
*Workers in protective suits oversee an automated battery assembly line inside a cleanroom manufacturing facility. (AI-generated image)*

Volkswagen Group and Gotion High-tech agreed Sept. 28 to invest €3.22 billion ($3.67 billion) across three joint ventures in Spain, Slovakia and Morocco to build a regional electric vehicle battery value chain.

The joint investment divides capital between cell factories and cathode processing. Volkswagen battery subsidiary PowerCo will provide €1.624 billion ($1.85 billion) in phased payments, while Gotion will contribute €1.598 billion ($1.82 billion), Gotion said in a filing.

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Cite as: East Asia Brief, "Volkswagen and Gotion commit $3.7B to European battery hubs," September 28, 2026. https://eastasiabrief.com/batteries-ev/volkswagen-gotion-commit-3-7b-european-battery-hubs-416