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LFP Battery Production Deal With Mystery Automaker in the USA
If the U.S. is ever to catch up in the electric vehicle race, establishing domestic battery production will be a must. So the news that Chinese battery cell manufacturer Gotion High-Tech envisions establishing LFP battery cell production in the US was welcome. 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 U.S. automaker between 2023 and 2028. Gotion wrote in a filing on the Shenzhen Stock Exchange: 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.
Source: Summarized from EVANNEX.
My Take: Not sure but this could be Tesla. They have their fingers in so many pies its hard to keep track of it all.
Re Posted From: LFP Battery Production Deal With Mystery Automaker in the USA
If the U.S. is ever to catch up in the electric vehicle race, establishing domestic battery production will be a must. So the news that Chinese battery cell manufacturer Gotion High-Tech envisions establishing LFP battery cell production in the US was welcome. 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 U.S. automaker between 2023 and 2028. Gotion wrote in a filing on the Shenzhen Stock Exchange: 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.
Source: Summarized from EVANNEX.
My Take: Not sure but this could be Tesla. They have their fingers in so many pies its hard to keep track of it all.
Re Posted From: LFP Battery Production Deal With Mystery Automaker in the USA