Chinese battery manufacturer Guoxuan high-tech co plans to set up a Michigan that is expected to create 2,000 new jobs Detroit News reported on Tuesday, citing sources.
What happened: Godion Incthe US subsidiary of the battery maker, would produce battery components at the facility that could attract investments of up to $3.6 billion.
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The report added that the new facility would create about 500 jobs initially and potentially up to 2,000 jobs over the next decade.
An email sent to godion through gasoline ga Searching for comments did not trigger an immediate response.
It is known that the battery manufacturer has entered into a partnership with the German car group Volkswagen VWAGY and Indian automobile giant Tata Motors TTMto produce low-cost batteries for economical electric vehicles.
