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

Thanks to CTOnews.com netizens for the delivery of clues about the past. CTOnews.com Sept. 17 news, Guoxuan Hi-Tech held its German factory's first battery product launch ceremony in Gottingen, Germany on the 16th, and the factory's first battery production line was officially put into production.

▲ Picture Source Gottingen local media GT / ET at the same time, Guoxuan Tech has signed strategic cooperation agreements with a number of international companies, such as BASF in Germany, ABB in Switzerland, EBUCSO in the Netherlands, FICOSA in Spain, and so on. The product applications of the automatic battery production line include commercial vehicle batteries, energy storage system batteries and passenger car batteries.

According to reports, the total production capacity planning 20GWh of Guoxuan Tech's factory in Gottingen is expected to be completed in four phases. By mid-2024, the actual production capacity of the factory will reach 5GWh. At present, the German base has signed cooperation agreements with 5 enterprises, covering the development of battery materials and products, the supply of automotive and energy storage products, etc.

According to a report by CTOnews.com at the beginning of this month, the government of Illinois announced on the 8th through an official statement that Chinese battery manufacturer Guoxuan Tech will build a new electric vehicle battery super factory in the Manteno area of Kankakee County in the state. The project costs 2 billion US dollars.

In July this year, Guoxuan Hi-Tech issued a forecast of its results for the first half of 2023. The data show that its operating income is about 140-16 billion yuan, and the net profit attributed to shareholders of listed companies is 150-200 million yuan, an increase of 132.27% 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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