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Gotion High-Tech and InoBat to establish a 20 GWh battery plant in Europe to supply VW EVs

Gotion Europe

Weeks after battery developer Gotion-High Tech acquired a 25% stake in startup InoBat, the two companies have signed an agreement to erect a gigafactory in Europe. As a Tier 1 battery supplier to its top shareholder Volkswagen Group, Gotion will look to InoBat to help it provide the German automaker and other marques with EV batteries… but where will the joint venture set up shop?

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NIO reportedly mulling joint venture with SVOLT to get large cylindrical batteries over finish line

NIO batteries

A Chinese media outlet is reporting that EV automaker NIO is recruiting the help of battery systems manufacturer, SVOLT Energy Technology Co., Ltd. Several sources state that NIO is recruiting the assistance from SVOLT to assist in the development of its own in-house large cylindrical EV batteries, which has reportedly decelerated as of late.

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Gotion is bringing a $2 billion EV battery gigafactory to Illinois, creating thousands of jobs

EV Illinois

Global EV battery developer Gotion High-Tech has announced a major investment in the state of Illinois to the tune of $2 billion to erect a new gigafactory in Manteno – about 50 miles south of Chicago. With logistic and financial support from the state, Gotion’s new plant becomes the largest investment in EV battery technology in Illinois history.

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GM invests big bucks in battery startup in a bet on new chemistry

GM Battery

General Motors (GM) looks to further commercialize its EV battery production and lower prices by investing in Mitra Chem – a startup described as an “AI-enabled battery materials innovator.” Today, GM announced it is the lead investor of a Series B funding round supporting the Silicon Valley-based battery company.

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BMW breaks ground on new US battery facility, furthering South Carolina as its new EV hub

BMW South Carolina

BMW Group moves one step closer to enabling US EV production while simultaneously helping promote the state of South Carolina as a new hub for battery and vehicle manufacturing. The Plant Woodruff facility, announced last fall, is officially under construction and will eventually complement new and existing factories operated by BMW and AESC in The Palmetto State.

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Chinese unicorn startup says it has created an EV battery that operates normally in winter

EV battery winter

A young battery startup in China claims its latest cell technology is able to alleviate a major issue for EV owners today – the loss of charging performance and range in inclement weather, especially cold climates during winter. By utilizing superconducting materials, Greater Bay Technology says its new cells can charge and function as normal within six minutes, no matter the temperature outside.

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Gotion unveils LMFP EV battery it says can deliver 1,000 km per single charge for a lower price

LMFP battery

Tell us if you’ve heard this one before. A battery developer has unveiled a “breakthrough” in chemistry that will deliver some of the best range in the EV industry. Gotion High-Tech is the latest company to promise more range, but if its LMFP battery chemistry can reach production as planned, it could become a viable option to enable more affordable EVs.

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