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Shanghai (Gasgoo)- Gotion High-Tech aims to increase its total battery capacity to 100 GWh by the end of 2022 and reach annual battery shipments of 40 GWh this year, the Chinese battery supplier recently revealed on an investor platform. questions and answers.

For clarity, the aforementioned power battery production capacity target will involve those that have entered mass production, are under construction, and will be built soon under confirmed plans.

In addition, Gotion High-Tech also disclosed on the platform that the company plans to install its semi-solid batteries in vehicles later this year based on customer demands.

The battery manufacturer said its highly secure semi-solid state battery features a single cell energy density of 360Wh/kg. The battery pack comprising these batteries has a capacity of 160 kWh and can offer a range of over 1,000 km.

For the first half of 2022, Gotion High-Tech reported an installed battery capacity of 5.52 GWh in China, second only to CATL, BYD and CALB among the country’s battery manufacturers, according to data from China Automotive Power Battery Industry Innovation. Alliance (CAPBIIA).

On July 28, Gotion High-Tech rang the bell on the Swiss Stock Exchange to celebrate its public listing by issuing Global Deposit Receipts (GDRs), becoming one of the first Chinese companies listed on the Swiss Stock Exchange.

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