Gotion JV Plans EV and BESS Battery Pack and Module Gigafactory in Thailand

Gotion High-Tech’s aims to build a battery pack and module gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets. Gotion has agreed to form a joint venture (JV) with a pair of Thai power companies, Arun Plus and Global Power Synergy. The plant’s initial production capacity will be 1 GWh/year, with plans to double that by the middle of the decade. The plant will be built in Thailand’s Eastern Economic Corridor (EEC) which spans three provinces. Thailand’s government is targeting 37% renewable energy in the energy mix by 2037, equivalent to just under 2.8GW of renewable generation. Longer term, carbon neutral status is being pursued for accomplishment by 2050 and net zero emissions by 2065.

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