CDG plans to invest 300 million euros ($280 million) in the first phase of Gotion's Moroccan project and support its operations.
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CDG plans to invest 300 million euros ($280 million) in the first phase of Gotion's Moroccan project and support its operations.
For details, please visit CnEVPost.
The Moroccan government signed an investment agreement with Gotion for the gigafactory with initial battery capacity of 20 GWh.
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Gotion has signed a new cooperation agreement to work with two partners on energy storage and new material development in Spain.
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A total of 1 GWh of energy storage battery products are expected to be introduced into Japan over the next 2 years, Gotion said.
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Gotion plans to set up the institute with Hong Kong-listed Envision to conduct research on battery energy storage system technologies and business models.
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Located in the Silicon Valley area, the plant is Gotion's first US battery pack production line, targeting the Americas energy storage system market.
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Gotion's joint venture plant in Thailand has a planned capacity of 2 GWh of battery packs per year for the first phase, which will be expanded to 8 GWh in the future.
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Gotion will support Pod Point with energy storage systems and battery cells based on its lithium iron phosphate battery product development, design and manufacturing capabilities.
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Gotion's German battery plant is expected to be ready to supply European customers from October and could reach a real-world capacity of 5 GWh by mid-2024.
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The plant will focus on lithium-ion battery cell and pack production and energy storage system integration, and is expected to produce 10 GWh battery packs and 40 GWh cells when completed.
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