According to industry sources,Gotion is in talks with the Volkswagen Group to take control of the PowerCo gigafactory in Sagunto, near Valencia. The model under consideration involves a joint venture in which the Chinese battery manufacturer would hold a majority stake and PowerCo would remain a minority partner. The plant is set to be a strategic supplier of battery cells to the SEAT Martorell, Volkswagen Navarra, and Volkswagen Palmela plants, with the start of pre-series production postponed to December 2026. latribunadeautomocion.es 🇪🇸