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 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.
Volkswagen to buy 20% of Chinese battery maker Guoxuan
Volkswagen wants to buy 20 per cent of the Chinese electric car battery manufacturer Guoxuan High-Tech. There had already been rumours to this effect in August. According to the Reuters news agency, most of the details of the deal have already been finalised.
JAC Motors orders 4 GWh of batteries
JAC Motors of China is building on its existing partnership with Hefei Guoxuan High-Tech Power Energy. They want the latter to deliver batteries for electric vehicles in bulk by 2019, no less than 4 GWh to be exact. And they have sales ideas as well.