About Guoxuan Lithium Battery Energy Storage Company
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6 FAQs about [Guoxuan Lithium Battery Energy Storage Company]
Who is Hefei Guoxuan high-tech power energy?
Hefei Guoxuan High-Tech Power Energy is developing business globally, expanding its market in North America and Southeast Asia through bases in the US and Singapore. In March 2017, in order to research and develop next-generation batteries and conduct sales promotion, they established Gotion Japan Co., Ltd., in Tsukuba, Ibaraki.
When will Guoxuan's LFP battery cell production start?
Gotion High-Tech, also known as Guoxuan, announced at the China EV100 Forum that the mass-production of its energy-dense LFP (LiPePO4) battery cells will finally start by the end of the year. Hopefully, this time is for real… Let’s look at the initial plans and see what comes next. Guoxuan’s LFP battery cell evolution
Should Volkswagen invest in Guoxuan high-tech?
Volkswagen invested EU€2 billion in battery manufacturer Guoxuan High-Tech during 2020, which now confirms to be the right move, as the latter announced the new LFP battery yesterday, which has significantly improved on the energy density to 212Wh/kg, and is expected to enter mass production starting from the end of 2021.
Which Chery cars have Guoxuan batteries?
Guoxuan batteries were installed on the Chery Kari Youyou in 2018 and the Chery Little Ant in 2019. By 2020, more than 20,000 Chery vehicles featured Guoxuan batteries; that year, Chery awarded Guoxuan its Excellent Supplier of the Year honor. Founded in 1998, Guoxuan went public in 2015.
How good is Guoxuan Hi-Tech's Performance?
Recently, public new energy battery companies have disclosed their performance metrics. Notably, Guoxuan Hi-Tech's 2022 annual report and first-quarter report reveal impressive growth. The company's revenue for 2022 exceeded 23.052 billion yuan ($3.22 billion), marking a 122.59% year-on-year increase.
Is gotion a world-class lithium battery manufacturer?
Gotion is “dedicated to bringing world-class lithium battery production to North America and delivering high-quality products to our customers in a timely fashion,” Thelen said, according to a Reuters report.