Volkswagen Anhui, 25% owned by JAC and 75% by VW, made a loss in 2024, resulting in a confirmed loss for JAC of about 1.4 billion yuan from its investment in the joint venture. The company also ...

Gotion's 75 kilowatt-hour (KWh) G-Current battery gives a range of 480km in 9.8 minutes of charging, while it takes 25 minutes to fully charge the battery, which gives a car 600km range.

The Mecosta County Board of Commissioners has rescinded support of a controversial electric vehicle battery plant near Big Rapids. A newly elected commission voted 5-2 during its Jan. 2 meeting to ...

BIG RAPIDS, Mich. — Thursday night, the Mecosta County Board of Commissioners held their first meeting since deciding to no longer support the proposed Gotion Electric Vehicle Battery Plant.

The resolution pointed to environmental impact and Gotion’s connections to China as reasons for pulling support from the project. It’s the latest in a series of setbacks amid Gotion’s bid to ...

Anhui Jianghuai Automobile Group (JAC) expects 2024 results to show a loss, it said on Friday, citing the weak performance of its joint venture with Volkswagen. The Chinese automaker's stock market ...