Illinois secures $2bn investment from China’s Gotion for EV battery manufacturing

Illinois secures $2bn investment from China’s Gotion for EV battery manufacturing

Illinois Governor JB Pritzker, in collaboration with Chinese energy solutions company Gotion, announced a $2 billion investment in a new state-of-the-art electric vehicle (EV) lithium battery manufacturing plant in Manteno, Illinois. The landmark deal is supported by a REV Illinois incentive package and the state’s new Invest in Illinois fund. Slated for production in 2024, […]