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Interview

China battery maker Gotion plugs into VW for global expansion

CEO Li Zhen maps out plans to have third of capacity overseas by 2025

Gotion's first overseas plant in Germany is due to begin operations in the second half of this year. (Photo courtesy of Gotion High-Tech)

GUANGZHOU -- For Li Zhen, the chairman of Gotion High-Tech, the major Chinese electric vehicle battery maker has become too big for its home turf.

"The Chinese market is only a bit more than a quarter of the global market," Li said in a recent interview with Nikkei. "Now that vehicles are undergoing electrification the world over, we can't be limited to China."

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