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Recently, it has been reported that Gotion High-Tech’s US subsidiary has won a local court ruling in Michigan to construct a factory for the production of electric vehicle battery components.

According to previously disclosed information, the factory is planned to invest approximately $2.4 billion, with an annual production capacity of 150,000 tons of battery cathode materials. The project will also involve the construction of two factories producing battery anode materials, with an annual capacity, once completed, of 50,000 tons.

Gotion High-Tech has also stated the company will continuously expand its overseas production base, with plans for establishing power battery and supporting industry bases in overseas markets such as North America, Southeast Asia, and South Asia steadily progressing.

Source: WeChat Official Account—电池工业网

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