PR96757

GÖTTINGEN, Germany, June 28, 2022 /PRNewswire=KYODO JBN/ --

-The Göttingen base of Gotion High-Tech Co Ltd. (Gotion High-tech") is expected

to reach the goal of annual production capacity of 6GWh and 12GWh in two phases

respectively, thereby enabling the production of Gotion's battery in Europe.

-GenDome, the first portable energy storage brand for overseas markets, was

launched at the Göttingen base, and it is intended to be produced locally in

Göttingen.

On 27 June, Gotion High-Tech held the 5th New Energy Economic Forum and the

Opening Ceremony of Gotion Germany at its Göttingen base. It is noted that the

Göttingen base, as the first battery production and business operation base of

Gotion in Europe, is expected to start the transformation by the end of this

year. Chairman Li Zhen said that Gotion perfectly combined China's advanced

battery technology with Germany's advanced process engineering, thereby

enabling the production of Gotion's battery in Europe. At the ceremony, Gotion

High-Tech also released GenDome, its first portable energy storage product for

overseas markets and Gendock 3000, its first portable mobile energy storage

product at the same time.

Wu Ken, the Ambassador Extraordinary and Plenipotentiary of China to Germany,

Stephan Weil, Premier of lower Saxony, Germany, Petra Broistedt, Mayor of

Göttingen, Luo Yunfeng, Mayor of Hefei Municipal People's Government, and Li

Zhen, Chairman of Gotion High-Tech, participated in and witnessed the ceremony.

Göttingen base with annual production capacity of 6GWh in the first phase is

expected to start transformation by the end of this year

It is noted that the Göttingen base covers a site area of approximately 174,000

sq.m., and has an existing gross floor area of approximately 40,000 sq.m..

According to the plan, the project will be constructed in two phases, namely

the brownfield plant and the greenfield plant, with an annual production target

of 6GWh and 12GWh, respectively. The first phase of the brownfield plant

transformation is expected to be officially launched by the end of 2022, and

the first production line with an annual capacity of 3.5GWh will be officially

put into operation in September 2023.  It is expected that the annual

production capacity target of 18GWh will be achieved after the brownfield and

greenfield plants of the base are fully put into operation.

Dr. Ahmet Toptas, Head of Göttingen Factory of Gotion Germany, introduced that:

the Göttingen base will be product-oriented with the ultimate goal of achieving

carbon neutrality, as well as will build a local product research and

development team in Europe.

Combined with the development and technology orientation of the new energy

market in Europe, the base will research and develop new energy battery

products that cater to the local European market, and carry out the production

of bus batteries, automotive batteries, energy storage batteries, mobile

charging and other series of products. In the future, it intends to cover

customers in sectors of energy storage, commercial vehicles and passenger

vehicles. "With the advanced lithium iron phosphate battery cell technology of

Gotion High-Tech, together with experienced German employees, strict quality

control and high quality requirements of Europe, we intend to cover customers

in sectors of energy storage, commercial vehicles and passenger vehicles in the

future, so as to meet the demand of the new energy market in Europe and help

Gotion High-Tech accelerate the expansion of overseas markets."

The first portable energy storage product for overseas markets will be

manufactured locally in Göttingen

After releasing the semi-solid battery and the first smart mobile energy

storage charging pile in May, Gotion High-Tech continuously launched more new

battery products. At the opening ceremony, the Göttingen base released GenDome,

the first portable energy storage product for overseas markets, and Gendock

3000, the first large-capacity portable mobile energy storage product, which

can convert solar energy and wind energy into electricity; it not only helps

customers manage the use of household energy and meet the daily needs of

household and outdoor users, but also meets 99% of customers' power needs, and

effectively reduces energy bills. The household energy storage product includes

three different models, which are developed and manufactured by the

international business team of Gotion High-Tech. In the future, it will mainly

target the European market. In the later stage, the product will be

manufactured locally at the Göttingen base.  

On the day of the opening ceremony, the 5th New Energy Economic Forum jointly

organized by Gotion High-Tech, Committee of 100, Technical University of

Braunschweig, Göttingen mbH ("GWG"), Die Chinesische Handelskammer in

Deutschland ("CHKD") and the School of Automobile of Tongji University was

successfully held at the Göttingen base.  The forum focused on topics such as

China-Europe economic relations, energy revolution, low-carbon transition and

new energy market, and attracted senior executives of many famous enterprises

in the new energy industry, university professors, scholars and relevant

economic and political officers attended the forum.

Li Zhen, Chairman of Gotion High-Tech said: With Chinese technology and German

process engineering, we achieve the production of Gotion's battery in Europe"

Li Chen, President of International Business of Gotion High-Tech, introduced in

the closing speech that Gotion High-Tech is a global company that provides

energy solutions for suppliers, customers and other partners at home and

abroad. "We not only focus on the development and promotion of new energy

battery products, but also strive to develop ToC business at the same time."

According to Li Chen, since May 2022, Gotion high-tech has successively

released its first self-developed E-PLUS smart mobile energy storage charging

pile for ordinary consumers and Gendome portable energy storage product for the

overseas market. In 2025, Gotion High-Tech's global production capacity is

planned to reach 300GWh, of which overseas production capacity is planned to be

100GWh.

Li Zhen, Chairman of Gotion High-Tech, said in his speech that today we have

started the application research and development and product manufacturing of

Gotion Battery in Germany and Europe. The Göttingen base of Gotion will

gradually transform from the production of automotive parts in previous years

to the manufacturing of battery application products, which is a difficult but

promising process. In this process, we must protect the existing corporate

culture, proactively participate in the development of Göttingen, and

accelerate the pace of product transformation. "We will combine China's

advanced battery technology with Germany's advanced process engineering to

create more excellent products and contribute to society, so as to promote the

progress and development of the new energy industry."

*for reference purpose only

SOURCE: Gotion High-tech