Driving Towards a Greener Future: Gotion High-Tech’s Low-Carbon Initiatives

Dew Briefs :

Gotion High-tech Co., Ltd., as the earliest private enterprise in power battery industry to enter the capital market, was listed in May 2015 (stock code:002074), specializing in power battery for new energy vehicles, energy storage application, power transmission and distribution equipment, etc.

Dr. Zhang Hongli of Gotion High-Tech highlighted the company’s dedication to low-carbon development and achieving “Carbon Neutrality” at the World Economic Forum & Future Automotive and Mobility Conference. As a leader in the lithium industry, Gotion High-Tech prioritizes advancing electrification in the automotive sector, improving energy storage, and promoting battery recycling for a circular economy.

At a previous world conference, Dr. Zhang Hongli, Vice President of Gotion High-Tech’s Engineering Research Institute, emphasized the company’s commitment to low-carbon development and its contributions to achieving “Carbon Neutrality.” Gotion High-Tech, a leading player in the lithium industry, aligns its efforts with the global push towards carbon neutrality, focusing on three main strategies.

Firstly, the company plays a crucial role in advancing electrification, particularly in the automotive sector. By producing high-quality lithium battery products at competitive prices, Gotion facilitates the widespread adoption of new energy vehicles, thereby reducing carbon emissions. Its collaboration with Volkswagen Group China further strengthens its position in this regard, fostering innovation and technological advancements in battery technology.

Secondly, Gotion High-Tech recognizes the importance of electrochemical energy storage in realizing carbon neutrality goals. Through its Energy Storage Division, established in 2016, the company actively engages in projects and partnerships aimed at enhancing energy storage capabilities. By 2025, Gotion plans to significantly increase its battery capacity, thereby supporting the integration of renewable energy sources into the grid and promoting the development of a more sustainable energy infrastructure.

Finally, Gotion High-Tech emphasizes the importance of battery recycling and resource utilization in creating a circular economy. The company invests in projects to establish closed-loop systems for lithium battery production and recycling, ensuring the efficient recovery of materials and minimizing environmental impact. Its comprehensive recycling technology not only addresses environmental concerns but also contributes to resource security and economic benefits.

Overall, Gotion High-Tech’s multifaceted approach underscores its dedication to low-carbon development and its pivotal role in driving the transition towards a sustainable energy future. Through innovation, collaboration, and responsible practices, the company aims to make significant contributions to achieving carbon neutrality and mitigating the impacts of climate change.

Gotion worldwide trends:

• Gotion High-Tech has established global R&D centers in various countries to focus on battery technology and innovation, including cooperation with Volkswagen Group China.
• The company has a world-class verification platform and multiple testing bases for material testing, cell testing, and system testing.
• They have a material research institute focusing on developing key anode and cathode materials, as well as electrolyte diaphragms.
• Gotion High-Tech has rich experience in developing and mass-producing various types of aluminum shell cells with advanced technologies.
• The company emphasizes product innovation and industrial application, creating a complete battery system technology development platform.
• As of June 2023, Gotion High-Tech had applied for thousands of patents, published research papers, and registered software copyrights, showcasing their commitment to innovative technology and intellectual property rights.

Diver Insights :

• Gotion and Envision will collaborate on joint research for battery energy storage systems (BESS) and the global promotion of low-carbon technologies.
• The partnership will support Gotion’s expansion in low-carbon technology research, development, and energy storage business.
• Gotion and Envision have plans to work together on energy storage projects and battery recycling.
• Envision is a global provider of green power solutions with extensive cooperation channels and sales networks.
• Gotion is one of the largest battery makers in China and ranks fourth in the country.
• In the global market, Gotion holds the eighth position.
• Gotion expects a significant increase in net profit in 2023, driven by the growth of its lithium battery business and market demand for power and energy storage batteries.

About Gotion

• Established in 2006
• High-tech Enterprise
• World Leading Position

• Gotion High-Tech Co., Ltd. is a leading private enterprise in the power battery industry that entered the capital market in May 2015.
• The company specializes in power batteries for new energy vehicles, energy storage applications, power transmission, and distribution equipment.
• Gotion High-Tech is a technology-based company with a focus on research, development, and innovation in power battery technology.
• The company has received various accolades and is involved in national projects related to battery technology.
• Gotion High-Tech is one of the earliest enterprises in China engaged in the independent research, development, production, and sales of new energy vehicle power lithium-ion batteries.
• The company’s main products include lithium iron phosphate materials and batteries, ternary batteries, power battery packs, battery management systems, and energy storage batteries.
• Gotion High-Tech has a global presence with R&D centers in various locations around the world.
• Volkswagen (China) has invested in Gotion High-Tech, leading to collaboration in battery technology innovation and R&D.
• The partnership aims to make Hefei City and Anhui Province important bases for China’s electric vehicle industry in the global electric era.