Gotion High-tech

  • BYD's position as No. 2 global power battery maker taken by LG Energy Solution in Sept

    BYD's global share was higher than LG Energy Solution's in both July and August.

  • Gotion to build 2 new battery projects with $1.6 billion investment

    Gotion will build a 20 GWh per year power cell project in Hefei, Anhui and a 10 GWh per year project in Liuzhou, Guangxi.

  • Gotion wins order for up to 600 MWh of energy storage batteries

    The order is estimated at $110 million and the project is expected to be completed and delivered by the end of 2022.

  • Gotion expects Q3 net profit to rise up to 394% year-on-year

    Gotion expects third-quarter net profit to reach RMB 82.35 million ($11.45 million) to RMB 97.19 million, up 318.9 percent to 394.4 percent from a year ago.

  • China power battery installations: CATL has 47.8% share in Sept, BYD 22.44%

    CALB ranked third in September with a 6.16 percent share, while Gotion High-tech ranked fourth in September with a 4.33 percent share.

  • Gotion to build $2.36 billion battery materials plant in Michigan

    It's the largest economic development project ever in northern Michigan and will shore up the state's position as a global hub for mobility and electrification, said Michigan's governor.

  • CATL, BYD continue to dominate China's power battery market in Aug, despite small share declines

    CATL continues to rank first with a 46.79 percent share, while BYD continues to rank second with a 21.91 percent share.

  • BYD overtakes LG Energy Solution to become world's No. 2 battery maker in July

    From January to July, BYD's global share remained lower than LG Energy Solution, with the two at 12.6 percent and 14.2 percent respectively.

  • China's July battery installations: CATL share declines, BYD gains

    CATL continued to rank first in July with a 47.19 percent share, but down from 49.6 percent in June. BYD's share was 25.23 percent, its second highest on record.

  • CATL holds 34.8% of global power battery market share in H1

    LG Energy Solution ranked second with a 14.4 percent share and BYD ranked third with an 11.8 percent share, according to SNE Research.