Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens West window old story, soft media new friend 1933769, Mr. Aviation's clue delivery! CTOnews.com, September 9 (Xinhua)-- the government of the state of Illinois announced in an official statement on the 8th that Chinese battery manufacturer Guoxuan Hi-Tech will build a new electric vehicle battery super factory in Manteno, Kankakee County, at a cost of US $2 billion (CTOnews.com Note: currently about 14.7 billion yuan).

Guoxuan Tech is expected to produce 10GWh lithium-ion battery packs and 40GWh lithium-ion battery batteries, which are scheduled to start production next year, according to an official statement. In addition, the state's governor, J.B. Pritzker, pointed out that the Guoxuan Tech plant will create 2600 jobs, which is the state's "most important new manufacturing investment in decades" and the latest evidence that Illinois is in a "new phase."

The plant, which will focus on lithium-ion battery cores, battery pack production and energy storage systems, will receive a $536 million (currently about 3.94 billion yuan) incentive from the state-funded by the local government's REV (Reimagining Energy and Vehicles, Energy and vehicle Reconfiguration) program and a fund called invest in Illinois.

In addition, Guoxuan Hi-Tech is expected to receive a $213 million (currently about 1.566 billion yuan) tax credit over the next 30 years.

In July this year, Guoxuan Hi-Tech issued a forecast of results for the first half of 2023, with operating income of about 140-16 billion yuan and net profit attributable to shareholders of listed companies of 150-200 million yuan, an increase of 132.27% and 209.69% over the same period last year.

In addition, in mid-May this year, Guoxuan Hi-Tech released the new LFMP system L600 Qichen battery cell and battery pack, which uses lithium iron phosphate doped with "manganese" and claims to have a range of up to 1000 km.

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