Volkswagen-Gotion deal shows hard limits of China de-risking
Volkswagen has spent years trying to build a European battery business strong enough to carry its electric-car ambitions. Its latest deal pulls a Chinese partner deeper into that effort. On September 28, Germany’s Volkswagen and China’s Gotion High-Tech agreed to deepen a partnership that began in 2020. Gotion plans to invest about 1.1 billion euros […] The post Volkswagen-Gotion deal shows hard…
We haven't written up this one. Asia Times has the full story — the link below goes straight to it.
