Caixin
Oct 07, 2022 04:06 AM
BUSINESS

China’s Gotion Plans $2.36 Billion Battery Material Plant in Michigan

In the first seven months, Gotion’s EV battery shipments totaled 7 gigawatt-hours (GWh), ranking eighth worldwide
In the first seven months, Gotion’s EV battery shipments totaled 7 gigawatt-hours (GWh), ranking eighth worldwide

Chinese electric-vehicle battery maker Gotion High-Tech Co. Ltd. will invest $2.36 billion to build a battery material plant in Michigan, Governor Gretchen Whitmer said Wednesday.

Volkswagen-backed Gotion won state government support under a federal push to develop the EV industry, the Democratic governor said. Michigan has long been the center of the American auto industry with vehicle assembly plants and component factories employing thousands spread all across the state. General Motors, Ford and the Chrysler unit of Stellantis are based in the Detroit area.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
China Stories: The Rural Hardship Behind the Mine Murders That Shocked China
00:00
00:00/00:00