Argentine President Fernandez meet with Gotion High-tech chairman Li Zhen

Gotion High-Tech

PR96758

 

BUENOS AIRES, Argentina, June 28, 2022 /PRNewswire=KYODO JBN/ --

 

On the afternoon of June 24, Argentine Time, Argentine President Alberto

Fernandez met with Li Zhen, chairman of Gotion High-tech, and his delegation at

the presidential residence in Olivos, he explicitly supported Chinese

investment in Argentina, and praised Gotion High-tech's multiple industrial

investments will promote the development of Argentina's new energy industry.

The two sides also had friendly exchanges on the "Targets of Carbon Peak and

Carbon Neutralization" strategy, the new energy vehicle industry, the

Sustainable Transportation Act and the joint venture between Gotion High-tech

and Corven, a well-known American auto parts manufacturer, to establish

electric bus batteries and other topics.

 

Alberto Fernández said, The world is already shifting to renewable energy.

Argentina has made incentives for lithium, wind power, photovoltaic and other

industries. The Development of Sustainable Transport Act, introduced last year,

it aims to promote investment in electric vehicles, promote the electrification

of transport and provide legal protection for investors in new energy.

 

We welcome Chinese investment in Argentina. Gotion High-tech's industrial

investment activities in Argentina, it cover the development, processing and

battery products of lithium resources, which accelerates the development of

local lithium resources and it will help the development and progress of

Argentina's new energy industry.

 

Li Zhen said, Since the establishment of diplomatic ties between China and

Argentina, leaders of the two countries have actively supported complementary

advantages and economic cooperation between enterprises, especially the "Belt

and Road" initiative. It provides strategic guidance, points out the direction

and lays the foundation for inter-enterprise cooperation.

 

The third energy revolution with solar and wind power as the main body has

come. To make full use of it, we must have energy storage technology. Gotion

High-tech has been focusing on energy storage for 16 years. We plan to reach

300GWh battery production capacity in the world by 2025, which makes

enterprises' demand for lithium resources more vigorous.

 

Argentina is the third largest economy in Latin America, with a harmonious

social system and orderly development of resources, it provides a good external

environment for enterprises to invest. We have partnered with Jujuy National

Energy and Mining Company and we will work with Corven in Buenos Aires to

develop downstream applications. In the next 100 years, new energy vehicles

will certainly be a new engine for the world economy. Gotion is willing to work

with visionary people in Argentina to jointly create a new era of energy

industry.

 

Daniel Scioli, Argentina's minister of Production and Development, Ariel

Schale, The industry minister, President Fernandez was accompanied by Cecilia

Todesca, Minister of International Economic Relations, and Fernanda Avila,

Minister of Mines, and communicated with the Gotion High-tech team on the

development of the lithium industry.

 

SOURCE: Gotion High-Tech

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