The Chinese company Guoxuan Hi -Tech plans to invest US $ 2.36 billion (S $ 3.364 billion) in Michigan, USA to build a battery positive and negative pole material factory.
According to Caixin.com, Gretchen Whitmer, governor of Michigan, announced the above information on October 5.
According to reports, the public information released by the Michigan government of the United States shows that the project of the Guoxuan Hi -Tech Factory will be constructed in installments. After the completion, 150,000 tons of positive poles and 50,000 tons of negative materials can be produced per year.In order to attract Guoxuan Hi -Tech investment, Michigan will provide about 175 million US dollars of investment incentive funds; in addition, it will be built in the designated Fuxing Industrial Zone, and companies in the district will enjoy various types of tax preferential policies.
The state government has not disclosed whether Guoxuan Hi -Tech has plans to build a battery factory locally.
Guoxuan Hi -Tech was established in 1998 and is headquartered in Hefei, Anhui Province.Data from the Korean market agency Snee Research show that seven months before 2022, Guoxuan Hi -Tech power battery shipments were 7GWh, ranking eighth in the world.German Volkswagen Group China subsidiary is a shareholder of Guoxuan High Science and Technology University with a shareholding ratio of 24.77%.
In December 2021, Guoxuan Hi -Tech issued an announcement sayingSupply 200gWh iron phosphate battery.The two sides also discussed the possibility of establishing a joint venture company to produce lithium iron phosphate batteries in the United States.Guoxuan Hi -Tech said at the time that in addition to battery production, the operating scope of the joint venture would also cover upstream materials and downstream battery recycling.Guoxuan Hi -Tech did not announce the customer name.
On September 21, 2022, Li Ye, chairman of Guoxuan Hi -Tech, said at the World Manufacturing Conference that the company plans to achieve 300GWH battery production capacity in 2025. Among them, 200GWH is in China, and the remaining 100GWH battery production capacity will be distributedIn Europe, the United States and Southeast Asia.
