Gotion High-tech’s subsidiary breaks ground on new cathode materials facility

Shanghai (Gasgoo)- Hefei Gotion Kehong New Energy Technology Co., Ltd. ("Gotion Kehong"), a majority-owned subsidiary of Chinese power battery maker Gotion High-tech, saw the production at the second phase of its high-end cathode materials base in Lujiang High-tech Industries Development Zone in Hefei city commenced on Nov. 8, Gotion High-tech announced via its WeChat account.

Photo credit: Gotion High-tech

The new facility features a designed production capacity of 200,000-tonne high-end cathode materials per year. It will focus on producing the high-performance lithium iron phosphate cathode materials in-house developed by Gotion High-tech, which serve as an important part of the single battery cell with an energy density of over 210Wh/kg, and will be used in high-end new energy vehicles and energy storage products.

The ground-breaking for the Lujiang cathode materials project took place in August 2021. Construction works are planned to be conducted in four phases, of which the first phase started operation on June 8, 2022 to deliver an annual production capacity of 50,000 tonnes. The fully operational second phase will increase the total capacity to 100,000 tonnes per year.

Upon completion of all four phases, a total production value of over 10 billion yuan ($1.38 billion) is expected to be generated annually.