LMFP L600---1,000 km range On the morning of May 19, the 12th Science and Technology Conference of Gotion High-Tech was held in Hefei, Anhui Province, China. 16 academicians from various countries, more than 100 famous experts and scholars attended the conference and exchanged ideas. On the opening day, Gotion High-Tech released the latest developed LMFP L600 Astroinno cell and battery pack, which pioneered the 1000 km range without NCM.
Mr. Olaf Korzinovski, executive vice president of Volkswagen China, said that China is a leading player in the electric mobility value chain and Volkswagen is investing extensively in electrification and digitalization, building strong partnerships with Chinese companies, as evidenced by its investment in Gotion High-Tech. Thanks to the R&D and manufacturing capabilities of Gotion High-tech, the partnership has made solid progress. The two companies are working together to develop new technologies, which makes electric vehicles with Gotion batteries more popular among customers. Volkswagen is building a complete electric mobility ecosystem in Anhui Province.
In April 2023, a Michigan Senate committee gave final legislative approval to allocate US$175 million in state funds to a factory planned by Chinese battery manufacturer Gotion in northern Michigan.
The largest shareholder of Gotion is VW.