Gotion Europe

Gotion has signed a new cooperation agreement to work with two partners on energy storage and new material development in Spain.

Gotion's German battery plant is expected to be ready to supply European customers from October and could reach a real-world capacity of 5 GWh by mid-2024.

Gotion and InoBat will explore building a 40 GWh cell and Pack facility in Europe and explore producing energy storage batteries based on the latter's existing facility in Slovakia.

Gotion's planned global production capacity will reach 300 GWh by 2025, with 100 GWh in overseas markets.

Gotion High-tech has signed a deal with the Robert Bosch GmbH to acquire the latter's plant in Göttingen, Germany, to gain its first new energy production operation in Europe.