Gotion Plans Battery Project in Valladolid Worth 950 Million Euros

The Chinese battery manufacturer Gotion is planning an industrial project in Valladolid for the production and recycling of battery materials. According to the Spanish government, the investment amounts to more than 940 million euros. The project includes a facility for cathode materials and a battery recycling plant.

Government Funding Supports the Project

Spain’s Minister of Industry and Tourism, Jordi Hereu, and Minister of Transportation, Óscar Puente, presented the project in Valladolid. It is set to receive €138 million in public funding through the PERTE VEC subsidy program. These funds come from a government program for electric vehicles and connected mobility.

Construction Scheduled to Begin in 2027

The industrial complex will be built on a 12-hectare site near Valladolid. Construction is scheduled to begin in 2027. The initial phase includes a recycling plant that can process up to 200,000 metric tons of battery material per year. A plant for cathode materials will follow in a second phase. This facility is also expected to have an annual capacity of 200,000 metric tons. The company has not disclosed a timeline for the completion of these construction phases.

Sources:
https://www.electrive.com/2026/07/03/gotion-to-build-battery-facilities-in-spain-next-year/
https://www.mintur.gob.es/es-es/GabinetePrensa/NotasPrensa/2026/Paginas/20260701-presentacion-proyecto-gotion-valladolid.aspx

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