PR100047

TAOYUAN, Taiwan, May 2, 2023 /PRNewswire=KYODO JBN/ --

GUS Technology held the grand opening ceremony of the Gigafactory in Jhongli

Industrial Park on April 26th. Domestic and foreign guests including vice

president Chi-Chang Tsai of the Legislative Yuan, deputy mayor Ming-jiuh Wang

of Taoyuan City, deputy director-general Chih-Ching Yang of Industrial

Development Bureau, MOEA, attended in person to witness the completion of

Taiwan's first battery gigafactory, an establishment that symbolizes GUS

Technology's success in helping Taiwan's lithium battery industry reach a new

milestone. Optimistic about Taiwan's talent and industrial development, GUS

Technology, which focuses on lithium titanate (LTO) and NCM material systems,

has entered into the design, development, and manufacturing of battery modules

for EVs and energy storage since the end of 2019. The total investment in the

overall construction of the Jhongli gigafactory has reached NT$4 billion. The

gigafactory is expected to create more than 250 job for the local population

after its launch, hoping to attract outstanding talents who are passionate

about the battery industry to jointly promote the development of the industry,

and in turn provide local talents with the opportunity to shine on the

international stage.

Dr. C.C. Chang, chairman of GUS Technology said: "GUS is proud of Made in

Taiwan (MIT). The design, manufacturing process, and site planning of the first

gigafactory in Taiwan have been carried out with two fundamental elements in

mind: local talents and international standards. We have found that countries

worldwide are rapidly going into the competition in the energy industry. With

the integration of Taiwan's industrial resources and talents with innovative

resources and core technologies, GUS Technology has enabled Taiwan to secure a

key position in the international energy market with its high-end and

customized R&D capabilities. The world will soon see Taiwan's battery R&D

innovation and manufacturing strength."

In addition to the completion and grand opening of GUS Technology's gigafactory

today, the company also announced the signing of a Memorandum of Understanding

(MOU) with several international partners at the ceremony, including an MOU

with Echion Technologies of the UK, and another MOU with Beyonder of Norway and

Midwest Energy Pvt of India, respectively. GUS Technology will in the future

collaborate with these international partners in different aspects such as

battery cell anode materials, energy storage equipment, and raw materials. In

the face of a new wave driven by factors such as the third energy transition

and global climate change, GUS Technology says it will work with partners to

continue to develop and integrate battery modules applications and jointly

provide the most advanced solution for various green energy applications.

GUS Technology has the research and development competence of upstream

materials, cell design, and manufacturing and modules to application end, and

has successively developed differentiated products and various applications.

After continuous development, research and improvement, GUS Technology has

introduced high-quality materials into battery manufacturing, optimized the

overall product yield, and developed lithium batteries with independent

technology that has the characteristics of high safety, high discharge rate,

high storage power, wide working temperature range, and long cycle life.

Combined with the advantages of high customization levels, GUS Technology has

conformed to the overall international development trend. The battery

gigafactory that is completed and inaugurated today, the first of its kind in

Taiwan, will be the driving force for GUS Technology's production capabilities

to bring about the large-scale production of lithium batteries. The gigafactory

is planning to start production in the third quarter of 2023, and the

production capacity will grow from 250MWh to more than 1GWh in the second

quarter of 2024.

GUS Technology aims to make Taiwan a R&D and manufacturing center for key

materials of new energy batteries and key components of high-end equipment in

the world; the company also strives to become a key promoter of the circular

economy of Taiwan's lithium battery to a longer and more sustainable cycle in

the future. In 2022, GUS Technology collaborated with InoBat Auto, a top EV

battery research and development company in Europe. Hidekazu Kuromatsu, team

leader of the Lithium Battery Team at Japan's Kaneka Corporation's Institute of

Electronics, who has also been cooperating with GUS Technology for a long time,

sent his congratulations to the grand opening of the gigafactory: "Excellent

battery manufacturing technology, battery pack design and assembly technology

form the basis of our cooperation with GUS Technology. We believe that the

newly opened gigafactory will become a major driving force for accelerating the

cooperation projects between Kaneka Corporation and GUS Technology."

In addition, in 2023 GUS Technology joined hands with Toshiba Corporation, a

Japanese multinational company. Okada Yoshihiro, general manager of Toshiba's

battery business department, said in his speech at the opening ceremony:

"Toshiba has long regarded Taiwan, which is friendly with Japan, as the most

important customer area, and is also committed to using its battery technology

and products to solve various problems in Taiwan. Toshiba firmly believes that

the batteries produced by GUS Technology can help solve the environmental

problems not only for Taiwan, but also the world."

As the first battery gigafactory in Taiwan, GUS Technology's new facility has

two buildings, a main production base to manufacture lithium battery cells, and

a R&D center that is mainly responsible for the technology development of new

generation batteries. In addition, the gigafactory implements energy saving and

carbon reduction measures and adopts a green and low-carbon emission plan,

allowing the improved equipment in the gigafactory to save more than

70,000,000kWh of electricity annually. The gigafactory also has a wastewater

recycling mechanism to effectively save water resources. Finally, the

gigafactory area conducts strict carbon footprint inspections to meet

international standards in order to contribute to environmental sustainability.

Source: GUS Technology

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