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Gotion to Invest $2 Billion in Illinois for Massive EV Battery Gigafactory

1 min read
Source: Illinois.gov
TL;DR

Gotion, a leading battery manufacturer, has announced plans to invest $2 billion in a new electric vehicle (EV) lithium battery manufacturing plant in Manteno, Illinois. The plant is expected to create over 2,600 new jobs and will focus on lithium-ion battery cell and battery pack production. Gotion's decision to locate its gigafactory in Illinois highlights the state's growing reputation as an EV manufacturing powerhouse and will strengthen the American EV battery supply chain. The investment is supported by the REV Illinois incentive package and the new Invest in Illinois fund.

Topics:businessbusinessindustry#businessindustry#electric-vehicles#gotion#illinois#job-creation#lithium-battery-manufacturing
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  1. Gov. Pritzker and Gotion Announce New $2 Billion Electric Vehicle Battery Gigafactory in Kankakee County  Illinois.gov
  2. Gotion is bringing a $2 billion EV battery gigafactory to Illinois, creating thousands of jobs  Electrek.co
  3. Chinese Battery Maker Gotion to Build $2 Billion Factory in Manteno, Illinois  Bloomberg
  4. Illinois lands Gotion EV battery plant in Manteno  Crain's Chicago Business
  5. Gotion unveils ambitious plan for Manteno battery plant  Crain's Chicago Business
  6. View Full Coverage on Google News

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