Guoxuan High-tech wins Michigan court ruling to build electric vehicle battery assembly factory in the United States

65
Recently, Gotion, a US subsidiary of Gotion High-Tech, successfully won a local court ruling in Michigan to build an electric vehicle battery assembly factory in the United States. The project plans to invest approximately US$2.4 billion and is expected to produce 150,000 tons of battery positive electrode materials annually. In addition, two factories for producing battery negative electrode materials will be built, with an annual production capacity of 50,000 tons.