Gotion secures €100 million loan for battery cell factory in Morocco

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Date:

July 27, 2026

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The African Development Bank has approved a loan of €100 million for the Chinese battery cell manufacturer and Volkswagen partner, Gotion High-Tech. The funds will support the factory Gotion plans to build in Morocco.

Source: https://www.electrive.com/2026/07/27/gotion-secures-e100-million-loan-for-battery-cell-factory-in-morocco/

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Gotion secures €100 million loan for battery cell factory in Morocco

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