China’s Gotion will make EV-bound LFP batteries in Illinois

Chinese battery maker Gotion will build a $2 billion EV battery factory in Manteno, Illinois, with plans to begin production in 2024. The battery plant was announced September 8 by Gotion and the State of Illinois, which provided a $536 million incentive package to land the project. Under the terms of the deal, Gotion is also eligible to receive…

Source: Green Car Reports

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