Gotion rumoured to build unified VW battery cells in China
Volkswagen’s battery partner Gotion High-Tech also wants to produce the Group’s new unified battery cells in China, local media reports. The corresponding factory is to be built on an area of 333,000 square metres in the city of Hefei and designed for an annual production capacity of 20 GWh.
Volkswagen presents strategy til 2030
Volkswagen has presented its strategy for 2030 called ‘New Auto’. At the core of this strategy is the shift to electromobility and the gradual phasing out of the combustion engine – but it goes far beyond electrifying the hardware that has been dominant for so long
Gotion to construct battery recycling plant in Hefei
Volkswagen’s Chinese battery partner Gotion High-Tech has announced plans to invest a total of 12 billion yuan (1.55 billion euros) in the construction of battery recycling and raw material production facilities for lithium batteries in the Chinese city of Hefei.
Gotion High-Tech presents LFP new battery cell
Volkswagen’s battery partner in China, Guoxuan High-Tech, has presented a new battery cell with LFP chemistry with an energy density of 210 Wh/kg. As early as next year, the company, usually known as Gotion High-Tech, wants to achieve 260 Wh/kg.
Gotion High-Tech to expand battery cell production
Bolstered by the investment from Volkswagen last spring, the Chinese battery manufacturer Gotion High-Tech alias Guoxuan is preparing to expand the production capacity for its cells. The talk is of 28 GWh annual capacity, which the company plans to reach this year.
VW and JV partners invest €15Bn in e-mobility in China
Volkswagen will invest around 15 billion euros in electric mobility in China by 2024 with its three joint venture partners SAIC, FAW and JAC. This comes in addition to the €33Bn the Group had already announced in 2019 for the global development of the electric car sector.
VW to take over majority stake in JAC joint venture
Volkswagen has officially confirmed its plan to increase its stake in JAC Volkswagen, its joint venture for electric mobility, and to invest around one billion euros in this. The Wolfsburg-based company will invest another billion in a Chinese battery specialist.