GOTION, Phi4Tech, and Unicorn RE's Comprehensive Collaboration

On June 2, GOTION signed a cooperation agreement with Spain's Phi4Tech Technology Group and Unicorn RE Investment Group. The three parties will explore new collaboration models in Spain, focusing on energy storage and new materials development.

The agreement includes partnerships between GOTION and Phi4Tech's filial Nanomate on battery materials business, as well as SiloGrid on energy storage station business. According to the agreement, GOTION will engage in comprehensive cooperation with its partners in the European energy sector, from new materials to final energy solutions. The plan includes establishing energy storage stations in Spain in the coming years. This cooperation not only opens new growth opportunities for GOTION in the European and African storage markets but also provides new opportunities for both parties to promote the development of the renewable energy industry chain in Southern Europe.

Phi4Tech is an energy technology group with businesses ranging from raw material extraction to storage projects and material design. The group owns the second largest lithium mine and the only nickel mine in Europe, and it is the initiator of the largest storage and environmentally friendly capacitor factory project in Southern Europe.

Unicorn RE Investment Group is the international M&A business unit of the UAE's Royal Unicorn Capital Holdings Group, whose main shareholders are members of the Abu Dhabi royal family. The company focuses on cross-border investment services for Chinese and European enterprises.

Antonio Román, Chairman of Phi4Tech Technology Group, said, "This cooperation will greatly enhance our technological level and market competitiveness. We look forward to deepening cooperation with GOTION in a broader range of fields and using unconventional thinking to address future challenges, jointly promoting the development of renewable energy technologies."

Julio Montesinos Ruiz, European Executive President of Unicorn RE Investment Group, said, "We will rely on our resources in the UAE and Europe to provide diversified support for the cooperation between both parties, helping their renewable energy businesses to establish a strong presence in Spain and achieve their respective globalization strategies."

In terms of globalization, GOTION has already made layouts in Europe, North America, and Southeast Asia. In Europe, GOTION has built its first European battery production and operation base in G?ttingen, Germany, with a planned battery Pack capacity of 20GWh. Additionally, Gotion has partnered with European battery manufacturer InoBat (which has a factory in Slovakia) to build a 40GWh facility.