BREAKING! Tesla May Be Gotion's Sole Battery Beneficiary

Gotion High Tech battery producer, is building a new battery factory in the United States, which may be for Tesla alone.

The news that Chinese battery cell manufacturer Gotion High-Tech (aka Guoxuan High-Tech) envisions establishing LFP battery cell production in the US was welcome news, especially for Tesla and future Tesla owners.

Tesla may be the sole benefactor of Gotion's battery production.

Charles Morris Reports in Evannex.

"Even more exciting to fans of a certain California carmaker: the company reports that it has agreed to supply 200 GWh of LFP battery cells to an unnamed “large US automaker” between 2023 and 2028.

"Gotion wrote in a filing on the Shenzhen Stock Exchange (translated from the Chinese by Electrek): “US Guoxuan agreed to...build new production capacity in the United States to meet the customer’s battery procurement needs...The two parties will...explore the possibility of establishing a joint venture company...The scope may cover investments in upstream materials and downstream battery recycling industries.”

“On the one hand, based on the customer’s needs, the company will export LFP through its battery production base in mainland China. On the other hand, the two parties plan to localize the production and supply of LFP batteries in the United States...The LFP battery products will be used in the customer’s...electric cars and other applications.”"


#Tesla
#TeslaLFPBattery
#GotionHighTech

Tesla LFP battery. Gotion High Tech batteries for Tesla vehicles.

This is Armen Hareyan from Torque News. Please follow us at   / torquenewsauto   on Twitter and https://www.torquenews.com/ for daily automotive news.

Reference
Evannex https://evannex.com/blogs/news/chines...