Gotion

From Wikipedia, the free encyclopedia
(Redirected from Gotion High Tech)
Jump to navigation Jump to search
Guoxuan Hi-Tech Co., Ltd.
Native name
国轩高科股份有限公司
IndustryLithium-ion batteries
Founded2006; 20 years ago (2006)
FounderZhen Li
HeadquartersHefei, Anhui, China
RevenueCN¥ 35.4 billion (US$4.9 billion) (2024)
CN¥1.21 billion (US$168 million) (2024)
Owner
Websitegotion.com

Gotion High Tech, usually known as Gotion, is a manufacturer of lithium-ion batteries headquartered in China. As of 2025, it had a 3.5% market share, making it the world's sixth-biggest battery manufacturer.[1] It is part-owned by the Volkswagen Group, which acquired a 24% stake[2] in 2020 for $1.1 billion.[3]

Gotion produces both lithium iron phosphate (LFP) and lithium nickel-manganese-cobalt oxide (NMC) batteries.[4] In addition to cells and batteries, the company also produces cathode and anode active material.[5][6]

History

[edit | edit source]

Gotion was founded as Hefei Guoxuan Hi-Tech Power Energy (later anglicized to Gotion) in 2006[7] in Hefei by Zhen Li. The company struggled financially for several years before the Chinese government began heavily subsidizing the country's lithium-ion battery industry in 2009.[8] In 2015, it listed on the Shenzhen Stock Exchange[9] via a reverse takeover of Jiangsu Dongyuan Electrical Group Co.[10] In 2022, it also listed in Switzerland on SIX Swiss Exchange, raising US$685 million.[11]

Overseas expansion

[edit | edit source]

Gotion has actively pursued expansion abroad. It currently operates factories in Göttingen, Germany[12] and Fremont, California.[13] It has also announced factories in Big Rapids, Michigan; Manteno, Illinois;[8] and Kenitra, Morocco.[14] It has also purchased a 25% stake in InoBat Batteries, a Slovakian battery manufacturer.[2]

Alleged employment discrimination

[edit | edit source]

In 2025, three of Gotion's employees at its factory in Fremont, California sued the company for wrongful dismissal and alleged that its leadership had routinely employed Chinese citizens without visas, made racist comments about non-Chinese workers, and harassed employees complaining about safety issues.[13][15]

References

[edit | edit source]
  1. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  3. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  4. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  5. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  6. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  7. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  8. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  9. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  10. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  11. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  12. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  13. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  14. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  15. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
Retrieved from "http://70.231.62.181/index.php?title=Gotion&oldid=24888098"