E25 element 25 limited

Volkswagen-backed Gotion unveils new EV battery with 1,000 km...

  1. 2,856 Posts.
    lightbulb Created with Sketch. 1031
    Volkswagen-backed Gotion unveils new EV battery with 1,000 km range

    The new battery provides a driving range of over 1,000 km to EVs powered by a 140 kilowatt-hour (kWh) battery pack, Cheng Qian, Gotion’s executive president of the international business unit, said at a press event in the eastern city of Hefei. This points to a performance similar to that of CATL’s Qilin battery, has reported.Cheng added the batteries could be charged from a low-level to 80% in 18 minutes and maintain an 88% yield rate when the temperature drops to minus 20 degrees Celsius, which would ensure EVs maintain their ranges in cold weather. The company plans to start manufacturing the battery as early as 2024, but did not reveal any client names.

    Context: Gotion on May 10 that it had signed a new contract to be Volkswagen’s primary supplier of cobalt-free, unified LFP battery cells outside China, catering to all of its EV series. It has yet to reveal how many batteries it plans to make for Volkswagen’s vehicles under the contract.

    The company signed a pilot deal a year ago to mass produce both energy-dense nickel-containing battery cells and economical LFP ones for Volkswagen in the Chinese market.The Chinese battery supplier it will be ready to begin delivering its products to VW during the first half of 2024, which would be applicable to the vehicles built upon the Scalable Systems Platform (SSP), VW’s next-generation platform for smart electric cars.Volkswagen has been Gotion’s largest shareholder following a $1.2 billion investment deal . China’s fourth biggest battery maker, Gotion shipped 14.1 gigawatt-hours (GWh) of batteries last year, following CATL, BYD, and CALB, according to .

    https://technode.com/2023/05/19/volkswagen-backed-gotion-unveils-new-ev-battery-allowing-1000-km-range/
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
24.0¢
Change
0.000(0.00%)
Mkt cap ! $54.86M
Open High Low Value Volume
24.0¢ 24.0¢ 22.5¢ $43.78K 184.4K

Buyers (Bids)

No. Vol. Price($)
3 1666 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 372711 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
E25 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.