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Gotion High-Tech prepares Africa’s first battery gigafactory in Morocco
Chinese battery manufacturer Gotion High-Tech is set to launch a 10 GWh lithium iron phosphate (LFP) battery plant in Morocco for electric vehicle and stationary energy storage applications, with plans to expand capacity to 100 GWh.
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Sodium nickel chloride battery factory proposed for New Mexico
North America’s Desert Mountain Energy Corporation has signed a non-binding letter of intent to form a joint venture to build and operate a sodium-nickel-chloride (SNC) battery manufacturing plant in Roswell, New Mexico. As per the proposal, the facility would use produced water from oil and gas wells as part of a cooling and processing system intended to support battery production as well as a data center complex.
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Sinovoltaics updates financial stability ranking for battery manufacturers
The quality assurance service provider’s latest financial stability ranking has Tesla, Mustang Battery and Solid Power in the top three spots again, in a report that tracks manufacturers’ Altmann-Z scores over the past three years.
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