Gotion High-Tech invests €950 million in battery cathode production and recycling plant in Valladolid, Spain

Type: Investment · Technology: Storage · Country: Spain · Value: EUR 950M · Announced: 2026-07-03

Gotion High-Tech announced an investment of around €950 million to build a battery cathode production facility and a battery recycling plant in Valladolid, Spain. The project will be developed in partnership with Spain’s Ministry of Industry, which will support the initiative under the national PERTE framework. Construction is slated to begin in 2026 and the facilities are scheduled to start operations by 2028, serving the growing European demand for lithium‑ion battery components and circular recycling. The investment strengthens Gotion’s foothold in the European battery supply chain and aligns with Spain’s strategy to become a hub for advanced battery manufacturing. No external financiers or advisors were disclosed, and the project will be financed primarily by Gotion’s own capital.

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