Chinese battery maker Gotion supercharges global ambitions with opening of German plant
- Volkswagen-backed Gotion’s factory in Gottingen is expected to reach a production capacity of 5GWh by mid-2024 and 20GWh when fully complete
- The Chinese battery maker is also building plants in the US states of Illinois and Michigan
The factory in Gottingen, in central Germany, is expected to reach a production capacity of 5 gigawatt-hours (GWh) by mid-2024 and 20GWh eventually when the facilities are fully operational, expected to take place in four phases over a period of time, the company said without specifying a time frame.
Gotion, which has a 2.1 per cent share of the global market, said the commissioning and operation of the battery production line show that it has achieved localised production and supply in Europe.
“Gotion has officially embarked on the path of ‘Made in Germany’,” the Hefei, Anhui-based company said in the statement on Sunday evening. “The factory has received a large number of orders from Europe. It is expected that it can supply products for European customers from October.”
The inauguration of Gotion’s Germany plant adds to evidence that Chinese EV battery producers continue to dominate the global market because of their manufacturing prowess and control over the complete supply chain. However, geopolitical tensions and protectionist measures are proving to be hurdles in the Chinese EV industry’s internationalisation drive.