Gotion Inc. is a prominent manufacturer of power batteries and energy storage systems, operating as a subsidiary of Gotion High-tech Co., Ltd. Founded in 2006, the company has established itself as a significant producer of lithium iron phosphate (LFP) and nickel-cobalt-manganese (NCM) batteries. Through continuous innovation in battery technology and manufacturing processes, Gotion Inc. contributes to the advancement of electric vehicle electrification and sustainable energy solutions. The company maintains a strong focus on research and development, investing over 10% of its annual revenue in R&D activities and holding more than 10,000 patents worldwide.
Battery Technology
Gotion Inc. specializes in multiple battery technologies that serve various applications in the electric vehicle and energy storage sectors. Their LFP batteries stand out for superior safety features and extended lifespan, making them ideal for electric vehicles and stationary storage systems. The company’s NCM battery technology, including the advanced Stellary battery, delivers enhanced performance with ultra-fast charging capabilities.
A notable innovation is the “Gemstone Battery,” an all-solid-state battery technology achieving 350 Wh/kg energy density, surpassing traditional NCM batteries in efficiency and safety. The G-Current battery technology represents another significant development, enabling 80% charging in under 10 minutes. These technologies support both passenger and commercial electric vehicles, while also serving industrial applications and renewable energy integration.
The company’s manufacturing capabilities extend across multiple continents, with facilities equipped to produce battery cells, modules, and complete battery systems. This vertically integrated approach ensures quality control throughout the production process and enables customization for specific customer requirements.
Recent Projects
In 2024, Gotion began constructing a Giga Factory in Kenitra, Morocco, demonstrating its expansion into new markets. The company announced investments exceeding 19 billion yuan for high-performance lithium battery projects in Slovakia and Morocco, aiming for a combined annual output of 20GWh. Additionally, Gotion hosted its 14th Supplier Conference, establishing strategic partnerships with 81 suppliers for its 2025 development plans.
Investors
Volkswagen (China) Investment Co., Ltd. holds the largest stake in Gotion, with approximately 25.56% ownership. CEO and Chairman Zhen Li maintains an 11.58% share, while Nanjing Guoxian Holdings Group Limited controls 9.56%. The company recently secured significant funding, including a $280 million investment from CDG Group for its Moroccan operations. Gotion has also entered an investment agreement with Ebusco, potentially acquiring a 9.3% stake in the company.
Business Details
Location: Fremont, California, USA
Website: https://gotion.com
LinkedIn: https://www.linkedin.com/company/gotion-inc-/
