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Volkswagen Group will acquire 26% stake in lithium battery manufacturer GOTION

According to Bloomberg's September 28 news, Volkswagen will acquire a 26% stake in battery manufacturer GOTION.

According to a report by TechWeb in May of this year, in terms of the development of electric vehicles, Volkswagen plans to expand electric vehicles to all its brands, and plans to increase the annual production of electric vehicles to 3 million by 2025. At the same time, in order to ensure the large-scale electric vehicles For mass production, Volkswagen also announced a battery procurement plan worth about 50 billion euros (equivalent to 56 billion US dollars) last year.

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