Gotion and officials of the Illinois state government announced the Chinese company will locate its new state-of-the-art $2 billion EV lithium battery manufacturing plant in Manteno, a village Kankakee County. The plant is expected to begin production in 2024 and create 2,600 jobs in the vil...
Chinese EV battery CATL announced recently it would collaborate with US automaker Ford on a new $3.5 billion battery plant for electric vehicles in Michigan, despite ongoing tensions between the US and China. According to the agreement, CATL will provide Ford’s battery factory in Michigan with p...
The Business Korea report suggests that CATL's business in the US is "around the corner." In addition, US electric vehicle(EV) manufacturer Tesla is also looking to build a battery plant in the US with CATL, according to a Bloomberg report on March 31.Ford and Tesla are likely to own ...
Gotion, backed by Volkswagen China as the largest shareholder, has just settled its new plant in Michigan last year. The company announced in October 2022 that it will invest $2.36 billion to set up a plant and create 2,350 local jobs in Big Rapids, Michigan. The facility is expected to ...
The Ford/CATL plant was initially nixed by Ford/CATL because the Michagan taxpayers balked at giving them such a huge subsidy. No one objected to the plant being built in Michigan. John George Bauer-Buis 8 months ago Hmm. The Ford-owned, licensed from CATL factory in Michigan is ...
There is also hope that relations with China may be improving, at least in a small way, after the Biden administration approved the construction of a Chinese battery plantin Michigan. Chinese EVs Rock Down to Electric Avenue WhileGeneral Motors(NYSE:GM) andFord Motor(NYSE:F) are focusing their...
Gotion and officials of the Illinois state government announced the Chinese company will locate its new state-of-the-art $2 billion EV lithium battery manufacturing plant in Manteno, a village Kankakee County. The plant is expected to begin production in 2024 and create 2,600 jobs in the vil...
China’s EV startup Nio produced the first battery swap station on September 16 at its factory in Hungary, which is Nio’s first overseas plant, marking a milestone for the firm’s European expansion, according to a Yicai report. Nio Power Europe Plant, which serves as a manufacturing, ser...
Chinese electric vehicle (EV) maker NIO celebrated here on Friday the shipment of the first battery swap station produced by the NIO Power Europe Plant, the company's first overseas plant, to Germany.
A NIO electric car is seen in a battery swap station during a ceremony of the shipment of the first battery swap station produced by the NIO Power Europe Plant in Biatorbagy, Hungary, on Sept. 16, 2022. (Photo by Attila Volgyi/Xinhua) ...