Gotion announces plans to set up a $2 billion lithium battery plant in Illinois ‒ report

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The plant is likely to start production in 2024

According to a Reuters report on September 9, China's Gotion High-tech Co Ltd is looking to set up a $2 billion electric vehicle (EV) lithium battery manufacturing plant in Manteno, Illinois, which would create about 2,600 new jobs, quoting the state governor's office.

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