A look at Gotion High-Tech, its rapid growth, and its overseas expansion strategy, including to the United States.
The heaquarter campus of Gotion High-Tech in Hefei, Anhui province. Credit: Gotion High-Tech
When it comes to making electric vehicles and their inputs, Chinese companies have been ahead of the curve. Now, the U.S. is spending big to catch up: through the federal and state governments, it’s offering tens of billions of dollars in incentives to bring EV production back to America.
Ironically, one of the earliest takers is a Chinese company. This month, Gotion High Tech announced it would construct a major battery input factory in Michigan, having secured $715 million in state
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If Xi Jinping is becoming more preoccupied with internal politics, it could lead to a period of relative calm in China’s relations with the United States.
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