Gotion High Tech, usually known asGotion, is a manufacturer oflithium-ion batteries headquartered in China. As of 2025, it had a 3.5% market share, making it the world's sixth-biggest battery manufacturer.[1] It is part-owned by theVolkswagen Group, which acquired a 24% stake[2] in 2020 for $1.1 billion.[3]
Gotion was founded asHefei Guoxuan Hi-Tech Power Energy (later anglicized toGotion) in 2006[7] inHefei by Zhen Li. The company struggled financially for several years before the Chinese government began heavily subsidizing the country's lithium-ion battery industry in 2009.[8] In 2015, itlisted on theShenzhen Stock Exchange[9] via areverse takeover of Jiangsu Dongyuan Electrical Group Co.[10] In 2022, it also listed in Switzerland onSIX Swiss Exchange, raising US$685 million.[11]
In 2025, three of Gotion's employees at its factory in Fremont, California sued the company forwrongful dismissal and alleged that its leadership had routinely employed Chinese citizens withoutvisas, made racist comments about non-Chinese workers, and harassed employees complaining about safety issues.[13][15]
