19 Billion Yuan! 40 GWh! Gotion High-tech Plans to Invest in Two Major Overseas Lithium Battery Projects
SMM has learned that on the evening of December 12, Gotion High-tech announced two major overseas investment projects, with a total investment exceeding 2.5 billion euros (approximately 19 billion yuan), and a combined capacity of 40 GWh.
According to the announcement, Gotion High-tech plans to use its own and raised funds to invest in the construction of a 20 GWh high-performance lithium battery and related projects in Morocco, with a total investment not exceeding 1.28 billion euros.
Additionally, Gotion High-tech is also investing in Slovakia using its own and raised funds to build a 20 GWh high-performance lithium battery and related projects, with a total investment not exceeding 1.234 billion euros.
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