JAKARTA - The Chinese battery giants, Gotion High-tech, which is also an electric vehicle battery supplier for several models from manufacturers such as Geely, Wuling, BAIC, Leapmotor, Chery and others, plan to build an energy storage plant in Spain, along with the company's efforts to penetrate the international market.
Quoting from the CNevpost page, Tuesday, June 4, God recently signed a cooperation agreement with the Spanish Phi4Tech Technology Group and the Unicorn RE of the UAE.
"The three parties collaborate in energy storage and development of new materials in Spain," according to a statement from Gotion.
The company will cooperate with partners in the European energy sector in projects ranging from new materials to final energy solutions, and plans to build an energy storage plant in Spain in the next few years.
"This partnership is expected to open new growth points for Gotion in Europe's energy storage market and will provide new opportunities for both sides to promote the development of new energy chains in southern Europe," the company tweeted.
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Gotion signed a deal with Nanomate and SiloGrid Phi4Tech for their respective business cooperation on battery materials and energy storage power plants.
Unicorn RE said it would use its resources in the UAE and Europe to help the new energy business enter the Spanish market.
As is known, Phi4Tech is an energy technology group operating in the field of raw material mining, storage projects, and material design.
The group is the owner of Europe's second-largest lithium mine and the only nickel mine, as well as the initiator of the largest environmentally friendly storage project and capacitor factory in southern Europe, according to a statement from Gotion.
Meanwhile, Unicorn RE is an international M&A business unit in the UAE that specializes in cross-border investments for Chinese and European companies.
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