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20 Dec
03:40

Gotion Singapore, Nuovo Plus to form JV in Thailand for lithium-ion power battery packs

Shenzhen-listed Chinese leading lithium-ion battery Gotion High-tech has signed a joint venture agreement with Nuovo Plus Company. They are forming a joint venture called NV Gotion in Thailand to construct lithium-ion power battery production bases, Kallanish learns.  According to Gotion High-tech's announcement, the initial registered capital is THB 300 million ($86.11m). Singapore Gotion holds a 49% stake within the joint venture and Nuovo Plu…
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