On September 28, Guoxuan Gaoke announced that it would set up three joint ventures with Volkswagen's PowerCo SE in Spain, Slovakia and Morocco to build lithium battery and lithium iron phosphate cathode bases with a total investment of 3.222 billion euros (equivalent to 246.06 yuan). Among them, China Xuan contributed about 1.598 billion euros. The 29.1 GWh lithium battery plant in Valencia,
Spain, is 51% owned by Volkswagen, 49% owned by Guoxuan Hi-Tech, and 51% owned by Guoxuan, the 8.4 GWh lithium battery project in Slovakia and the 100,000 tons lithium iron phosphate cathode base in Morocco.
Morocco gives priority to the supply of cathode materials to two battery factories in Europe to complete the overseas supply chain layout from batteries to upstream materials.
浙公网安备33010802003254号