Gotion To Build $2 Billion EV Battery Factory In Illinois

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Gotion To Build $2 Billion EV Battery Factory In Illinois
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Gotion High-tech Co, one of the largest Chinese EV lithium-ion battery manufacturers, will build its first battery factory in the United States.

The company selected Manteno, Illinois as the location for a $2 billion investment, which according to Governor JB Pritzker, is expected to bring more than 2,600 new jobs.

There is no info on the planned battery chemistry or form factor - Gotion can provide a variety of types, starting from affordable LFP and ending with high energy dense, high-nickel chemistries. Production of batteries is expected to start in 2024, which sounds like a very fast and ambitious target.

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