Volkswagen’s affordable EV plans have a new Chinese partner

Volkswagen has agreed three joint ventures with China’s Gotion to build lithium iron phosphate battery capacity, selling 49% of PowerCo’s Valencia plant and taking minority stakes in a Slovak cell plant and a Moroccan cathode plant. Volkswagen says Europe currently has no relevant capacity of its own in the chemistry. Volkswagen has agreed three joint […] This story continues at The Next Web