China’s two battery giants are heading to the United States to build factories? Officials Early evaluation has been conducted

Yes, China's two battery giants are planning to build factories in the United States Officials have already conducted an early evaluation

【phoneauto News】Recently, there have been reports that two major battery giants in China, Guoxuan High-Tech and EVE Energy, have announced plans to invest heavily in building battery factories in the United States. This news has caused some controversy. Currently, phoneauto has noticed that both companies have stated that they have conducted thorough evaluations and discussions in advance to ensure the safety and smooth operation of their investments in the United States.

According to First Financial News, Guoxuan High-Tech’s wholly-owned subsidiary, Guoxuan USA, plans to build a 40GWh battery factory in Illinois, United States. Previously, EVE Energy also announced that it will jointly invest $2.64 billion with three partners to establish a joint venture company for battery production capacity. The investment decisions of these two companies not only reflect their attention to the US market but also demonstrate the global vision and competitiveness of China’s battery manufacturing industry.

As leading players in China’s battery manufacturing industry, Guoxuan High-Tech and EVE Energy clearly have confidence in expanding into the US market. As for the potential risks and challenges, both companies have stated that they have made sufficient estimations and preparations.

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Guoxuan High-Tech staff, when interviewed by reporters, stated that the company has a dedicated international team that has conducted relevant evaluations and reports in advance to deal with potential risks and challenges. EVE Energy staff also stated that the company has had sufficient information exchange with its partners in order to avoid possible risks.

Although there are still some uncertainties regarding the investment plans of these two battery giants, their investment decisions will undoubtedly bring new competitive pressure to the US market. At the same time, this will also promote the internationalization of China’s battery manufacturing industry and further enhance its global influence.

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