In Pictures: Volkswagen, PowerCo and Gotion Deepen Battery Partnership With Three European LFP Joint Ventures

The expanded partnership aims to scale LFP battery cell production across Europe.

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LFP cells offer a lower-cost chemistry increasingly favored for mass-market electric vehicles.

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The joint ventures are expected to strengthen Europe's domestic battery supply chain.

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Volkswagen and Gotion are deepening ties from research into full-scale industrial output.

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Growing EV demand is driving investment in regional battery cell manufacturing.

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The three joint ventures will be located in Spain, Slovakia and Morocco.

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PowerCo will oversee cell production as Volkswagen's dedicated battery subsidiary.

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Cathode active material production will also be covered under the agreement.

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The deal signals a push to localize LFP capacity and reduce reliance on imports.

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