Gotion High-tech Co Ltd Class A 002074

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China's Fourth-Largest EV Battery Maker Gotion Targets Aggressive Global Expansion

Business Strategy and Outlook

Gotion High-tech is one of China's leading producers of lithium-ion rechargeable batteries for new energy vehicles. New energy vehicle batteries contributed over 70% of Gotion’s total revenue in 2025. According to China Automotive Battery Innovation Alliance and SNE Research, Gotion is ranked fourth in China, after Contemporary Amperex Technology, or CATL, BYD, and CALB, with a market share of 6% as measured by electric vehicle battery installed capacity in 2025, and fifth globally with 5% market share. Gotion’s major customers include some of the leading local-brand automakers such as Chery, SAIC Wuling, JAC, Chang’an, and Leapmotor. In addition, Huawei is the company’s largest customer for the energy storage battery segment.

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