
Gotion Reaffirms U.S. Commitment to Clean Energy Amid Trade Tensions
Summary: Gotion is investing over $2 billion in U.S. battery manufacturing, creating thousands of jobs in Illinois and supporting America's clean energy goals amid U.S.-China trade tensions.
FREMONT, Calif., May 7, 2025 /PRNewswire/ — Gotion Inc., a global leader in advanced lithium-ion battery technology and energy solutions, is reaffirming its commitment to America's clean energy future. By pioneering the onshoring of battery energy storage systems manufacturing, including electric vehicles, Gotion is demonstrating how economic growth, job creation, and resilient supply chains can thrive through international cooperation.
As the United States and China navigate a challenging trade environment, Gotion's expanding U.S. footprint stands as a testament to the benefits of engagement and mutual respect. The company's investments highlight how collaboration can deliver tangible benefits to communities and industries in both countries.
Accelerating U.S. Clean Energy Manufacturing: Local Sourcing, Workforce Investment, and Supply Chain Resilience
Gotion's investments are powering a new era of U.S. clean energy manufacturing, creating thousands of jobs and showcasing how U.S.-China economic collaboration can drive innovation and growth. By adopting a 'Local for Local' strategy, Gotion's goal is to source the majority of materials and equipment from U.S. suppliers, strengthening domestic supply chains and supporting American businesses.
In Manteno, Illinois, Gotion's flagship $2 billion gigafactory is set to become the largest battery energy storage systems investment in Illinois history. Once complete, the 153-acre facility will produce 35 GWh of battery cells and 25 GWh of battery packs annually and is expected to create up to 2,600 new high-quality jobs in the region. The state-of-the-art facility is in final testing now, and is working towards full operations by the end of the year, supporting the rapid growth of the U.S. renewable energy and electric vehicle sectors.
'Our commitment goes beyond building factories – we are investing in people, communities, and the future of American manufacturing,' said Mark Kreusel, Vice President of Manufacturing and Head of Gotion's Manteno plant. 'By creating thousands of high-quality jobs, partnering with U.S. suppliers, and strengthening local economies, we are helping position America at the forefront of clean energy innovation.'
Over 150 full-time employees have already joined the Manteno team. With ongoing job fairs and comprehensive training initiatives – including partnerships with regional community colleges – Gotion is preparing the local workforce for future-ready roles. As the facility enters its second phase, Gotion plans to hire approximately 700 contractors from the local construction and trades sectors to support continued development. With a dedicated R&D center in Independence, Ohio, near Cleveland, Gotion is quickly advancing next-generation battery technologies and supporting the U.S. transition to renewable energy.
Commitment to Transparency and Community Fuels American Clean Energy Leadership
'Gotion's commitment to transparency, collaboration, and community impact are at the heart of our U.S. operations,' said Mark Kreusel. 'We operate in full compliance with American laws and regulations, working closely with federal, state, and local stakeholders to forge robust partnerships that drive clean energy innovation and bolster American manufacturing.' Through alliances with industry leaders and local suppliers, Gotion is advancing the onshoring of battery production, strengthening the domestic supply chain, and supporting the creation of sustainable career pathways for local residents.
A Pathway to De-escalation and Shared Prosperity
'Gotion's story shows what's possible when we work together,' said Benjamin Howes, Managing Director of Gotion's U.S. Government Affairs. 'We invite policymakers to see how investment, job creation, and clean energy leadership can deliver real results for American communities.'
As both countries face the high costs of ongoing tariffs and strained communications, Gotion's approach offers a way forward: demonstrating that economic collaboration can deliver results without compromising national interests. 'Gotion stands ready to serve as a catalyst for renewed engagement,' said Benjamin Howes. 'We support a future where the U.S. and China work together to address global challenges and drive sustainable growth.'
About Gotion Inc.
Gotion Inc., headquartered in Fremont, California, is a global leader in lithium-ion battery manufacturing. Gotion is dedicated to advancing sustainable energy solutions and supporting America's clean energy future through innovation, investment, and local partnerships.
For more information about Gotion Inc. and its initiatives, please visit www.gotion.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/gotion-reaffirms-us-commitment-to-clean-energy-amid-trade-tensions-302448965.html
SOURCE Gotion

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Malaysian Reserve
an hour ago
- Malaysian Reserve
American Land Title Association Announces Chris Morton as Chief Executive Officer
WASHINGTON, June 10, 2025 /PRNewswire/ — The American Land Title Association (ALTA) announced today that Chris Morton has been appointed chief executive officer, effective immediately. Morton succeeds Diane Tomb, who served in the role for the past six years. 'As the leader of our advocacy efforts, Chris Morton has been the public voice of our industry in Washington,' said Richard Welshons MTP, NTP, president of ALTA. 'He brings the right mix of experience, vision and steady leadership to guide ALTA. We thank Diane Tomb for her years of service and wish her well in future endeavors.' Morton previously served as ALTA's senior vice president of public affairs and chief advocacy officer. With more than 25 years of experience in the financial services sector, he has played a key role on ALTA's Executive Team, leading the association's public policy, political engagement and advocacy strategies. Morton has collaborated closely with ALTA leadership and industry partners to advance the title insurance industry's role in protecting homebuyers and their property rights. He has been recognized as a Top Lobbyist by The Hill newspaper and named as one of the 500 Most Influential People Shaping Policy by Washingtonian magazine. 'I am humbled by the industry's faith and trust in me,' Morton said. 'Our leadership remains deeply committed to continuing ALTA's legacy of promoting the title industry and the tens of thousands of title professionals across the country. These dedicated individuals work every day to protect the American Dream of homeownership in their communities. As we continue to tackle challenges like housing supply and affordability, I'm excited to lead an association dedicated to meaningful progress.' 'Our focus remains on executing our core mission, supporting our members and continuing to build an association that reflects our values,' added David Townsend MTP, NTP, ALTA's president-elect. 'Chris has demonstrated success in numerous roles over his career, and we are confident he will build on the great work of the association.' About ALTAThe American Land Title Association, founded in 1907, is the national trade association representing more than 6,000 title insurance companies, title and settlement agents, independent abstracters, title searchers, and real estate attorneys, most of which are small businesses. Contact: Megan Hernandez Direct Office Line: 202-261-0315 Email: mhernandez@


Malaysian Reserve
an hour ago
- Malaysian Reserve
New Briefing from the Energy Transitions Commission (ETC) Addresses Global Trade Challenges in the Energy Transition
LONDON, June 11, 2025 /PRNewswire/ —The ETC's new briefing note, Global trade in the energy transition: principles for clean energy supply chains and carbon pricing, highlights how technology progress and carbon pricing can accelerate the global energy transition. However, growing concerns over concentrated supply chains and perceptions that carbon border adjustments are protectionist could significantly delay global progress. The ETC briefing proposes an optimal way forward on two crucial trade-related issues: Developing domestic supply chains: six principles for policy. Carbon pricing and carbon border adjustment mechanisms (CBAMs): gaining global agreement to policies which can drive decarbonisation of 'hard to abate' sectors. Nearshoring clean technology supply chains: six principles for policy The cost of several clean energy technologies has plummeted in the last decade. Solar PV module prices dropped 94% since 2011, lithium-ion battery prices fell over 92% since 2010 while doubling in energy density,[1],[2] and in 2024, almost two-thirds of electric vehicles sold in China were cheaper than Internal Combustion Engine (ICE) vehicles of equivalent size and quality.[3] China has led this progress and now holds dominant market shares in multiple clean technologies: this primarily reflects strategic vision, low capital costs, technological innovation and dynamic entrepreneurship rather than simply low labour cost. In response to China's dominance, many countries seek to diversify supply chains through nearshoring. This reflects concerns about 'energy security' and a desire to grow local value and employment, but badly designed nearshoring could add significantly to the cost of the energy transition. The ETC therefore proposes six principles to guide optimal policy: 1. Aim for diversified supply chains, not complete autarky (i.e. complete self-reliance).2. Clarify different dimensions of 'security' – economic vs national security – with different implications in different sectors.3. Tailor policy by technology, focussing nearshoring efforts on sectors where cost-competitive domestic production can be achieved.4. Base any use of tariffs on factual analysis of current subsidies in compliance with World Trade Organization (WTO) rules.5. Focus primarily on the location of employment and value-add rather than ownership, recognising that inward investment can be a major driver of technology transfer.6. Work with China to increase climate finance flows to lower-income countries, supporting accelerated deployment of clean technologies. 'In an ideal world, free from geopolitical tensions or supply chain risks, China's stunning technological progress and cost reduction would be welcomed as enabling a faster and cheaper energy transition worldwide. But there are economic and security-related reasons for seeking to develop domestic supply chains. Well-designed policy can ensure that those objectives are met in a way that drives further technological progress and cost reduction,' said Adair Turner, Chair of the Energy Transitions Commission. Carbon pricing and CBAMs: gaining global agreement to a vital policy lever In some sectors of the economy, low-carbon technologies are already cost-competitive, but in 'hard to abate' sectors such as steel, cement, chemicals and shipping, using available decarbonisation technologies will entail a 'green cost premium'. Carbon pricing is therefore required to make decarbonisation in these sectors economically feasible. While 53 countries now have some form of carbon pricing, covering over 20% of global emissions,[4] only the EU has prices high enough to significantly influence the economics of decarbonisation. But if one country or bloc, such as the EU, imposes carbon prices on energy-intensive internationally traded sectors, production will shift to other countries which do not impose carbon prices, and no emissions reduction will be achieved – unless equivalent carbon prices are in place. The ideal solution would be globally agreed carbon prices applied to 'hard to abate' sectors, and the International Maritime Organization recently agreed a crucial step towards that approach for shipping.[5] Until that approach is in place for other 'hard to abate' sectors, CBAMs are essential to support decarbonisation, are not protectionist, and are the only way by which developed countries can take responsibility for imported emissions. The ETC therefore strongly supports the EU imposition of a CBAM and its recent commitment to make the CBAM more robust. Progress towards the ideal internationally agreed solution should, however, be fostered by: Seeking agreement, for instance through the WTO, on international standards for the measurement of carbon intensity. Providing technical assistance to developing countries seeking to deploy carbon pricing. Allocating some of the revenues which will accrue to the EU CBAM to support climate finance flows to lower-income countries. 'The world is entering a new industrial era powered by clean energy. Clean industrial projects are flourishing in diverse geographies, opening opportunities for new trade dynamics. But well-designed policies, including carbon pricing, supply-side financial incentives, and demand-side regulations are essential to make projects viable and precipitate final investment decisions.' said Faustine Delasalle, Vice-Chair of the Energy Transitions Commission and CEO of Mission Possible Partnership. Global trade in the energy transition: principles for clean energy supply chains and carbon pricing builds on existing ETC analysis, Better, Faster, Cleaner: Securing clean energy technology supply chains. However, the institutions with which ETC's Commissioners are affiliated have not been asked to formally endorse this briefing. Download the report: For further information on the ETC please visit: Logo – [1] Note: Volume-weighted average across passenger EVs, commercial vehicles, buses, 2- and 3-wheelers, and stationary storage; includes cell and pack. 2024 saw a 20% year-over-year decrease from 2023, the largest drop since 2017. See BNEF (2024), 2024 Lithium-Ion Battery Price Survey.[2] BNEF (2023), Long-term Electric Vehicle Outlook.[3] IEA (2025), Trends in electric car affordability.[4] World Bank (2025), Carbon Pricing Dashboard.[5] Reuters (2025), UN shipping agency strikes deal on fuel emissions, CO2 fees. View original content:


Malaysian Reserve
3 hours ago
- Malaysian Reserve
Organon & Co. (OGN) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
LOS ANGELES, June 10, 2025 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that investors with losses related to Organon & Co. ('Organon' or the 'Company') (NYSE: OGN) have opportunity to lead the securities fraud class action lawsuit. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ORGANON & CO. (OGN), CLICK HERE BEFORE JULY 22, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. What Is The Lawsuit About? The complaint filed alleges that, between October 31, 2024 to April 30, 2025, Defendants failed to disclose to investors that: (1) Organon's optimistic reports of the dividend payout as the Company's 'number one priority,' were offset by Organon's newly implemented debt reduction strategy, thus, leading to a drastic decrease – over 70% – of the quarterly dividend; (2) Organon planned to prioritize debt reduction following the Company's acquisition of Dermavant; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Contact Us To Participate or Learn More:If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Law Offices of Frank R. Cruz, Email us at: info@ us at: 310-914-5007Visit our website at: us for updates on Twitter: If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.