Chinese battery maker Gotion High Tech will target an annual shipment of 100 gigawatt-hours (GWh) worth of batteries in 2027 for overseas markets,Adan (2019) Full Pinoy Movie including the Americas, the Asia Pacific region, Europe, and Africa, said Cheng Qian, president of Gotion’s Asia-Pacific business unit, on Dec. 23. Cheng also expects overseas revenue to exceed RMB 100 billion ($14 billion) and for the firm to have captured a 10% market share for the target regions at that time. The Volkswagen-backed manufacturer is aiming to become a more comprehensive battery supplier for electric vehicles and energy storage, among other uses. Gotion reported overseas revenue of nearly RMB 3 billion last year, accounting for almost 13% of its revenue, with total shipments surging 112% year-on-year to 14.1 GWh, according to figures compiled by South Korea’s SNE Research. The company began production at its first regional plants in Gottingen, Germany, and Thailand, in September and December, respectively, and has plans to construct two plants in the US and one in Morocco. [Gotion announcement, in Chinese]
Related Articles
2025-06-26 20:53
2668 views
10 Tech Predictions for 2017
Predicting the future is more art than science, yet it's always an interesting exercise to engage in
Read More
2025-06-26 20:25
1741 views
Emmys: Sean Spicer isn't a joke, he's a disgrace. Stop applauding.
After wantonly lying to the American public for six straight months, former White House Press Secret
Read More
2025-06-26 20:12
433 views
Harry Dean Stanton, 'Godfather II' and 'Alien' actor, dead at 91
Harry Dean Stanton, a prolific actor with memorable roles in The Godfather: Part II, Alien, and Pret
Read More