Chinese battery maker Gotion to open new EV battery plant in Michigan

 

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Chinese battery maker Gotion High Tech will open new electric-vehicle battery plant in Michigan, Governor Gretchen Whitmer announced.

Gotion’s $2.36 billion plant will create 2,350 jobs in Big Rapids, Michigan and the facility is expected to produce up to 150,000 tons of cathode material and 50,000 tons of anode material a year.

Separately, Michigan-based startup Our Next Energy (ONE)’s $1.6 billion battery plant in Michigan will create 2,100 jobs in Van Buren Township, starting in late 2024. ONE aims to develop a full battery-making complex, from raw material refining through manufacturing and assembly of cells and packs, with production capacity reaching 20 gigawatt-hours by late 2027, enough to supply about 200,000 electric vehicles a year.

Michigan will provide about $715 million in financial incentives for the Gotion facility and $237 million for the ONE facility.