Gotion Inc. designs lithium battery packs and energy storage systems for vehicle makers and customers that need stationary power storage. Its packs are tailored to the available installation space and required energy density, while its storage equipment reduces peak electricity demand and supplies reserve power. The company sells battery products to transportation customers and operators of homes, commercial buildings and industrial sites. Its portfolio links individual cells to modules and finished packs, allowing customers to source components as well as complete storage systems. Founded in 2014, Gotion Inc. is headquartered in Fremont, California.
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Industries
Company Size
201-500
Company Stage
IPO
Headquarters
Fremont, California
Founded
2014
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Total Funding
$1.4B
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Rino.ai completes $100 million Series C financing. Sia From Gasgoo | October 8, 2026 16:37 BJT Rino.ai, an L4 autonomous driving company, has completed its C2 financing round, bringing the company's total Series C funding to $100 million, according to a post on Rino.ai's WeChat account. Image Source: Rino.ai Key Takeaways The proceeds from the C2 round will be used to advance Rino.ai's L4 end-to-end technology and physical AI capabilities, expand its urban operating network and deepen ecosystem collaboration with industry partners. Rino.ai has developed capabilities spanning algorithms, product definition and autonomous fleet deployment for L4 autonomous driving. Rino.ai said it has established partnerships with major logistics and retail companies including SF Express, China Post, JD.com, SF Intra-city, Lalamove and Taobao Flash Delivery. It has delivered more than 5,000 autonomous logistics vehicles, with operations spanning nine application scenarios including express delivery and intra-city freight across more than 200 cities in China. Rino.ai has delivered several thousand units of the RX model since the launch in April 2026. Its R24 has also begun customer deliveries and operations, while public-road testing is underway in some cities. Technology and product development At the algorithm level, Rino.ai is focusing on mapless autonomous driving and physical AI. Its mapless solution does not rely on high-definition maps and can be deployed citywide using standard navigation maps. In 2026, the company's RX mapless solution began operating in multiple provinces and cities, including Shandong. Physical AI is being developed as an extension of Rino.ai's capabilities from autonomous driving toward embodied intelligence, with the aim of enabling vehicles to perform tasks beyond transportation. Rino.ai and SF Express have jointly developed a dual-cage self-unloading vehicle that is already operating in SF Express transfer facilities. The vehicle can automatically load and unload transfer cages, enabling integrated loading, unloading and transportation operations. At the product level, Rino.ai has built a product lineup covering urban distribution scenarios, including the automotive-grade RoboVan Rino RX and the Rino R24 autonomous light truck with a 24-cubic-meter cargo capacity. Commercial and manufacturing model Commercially, Rino.ai is pursuing a dual model combining technology licensing and transportation services. Rino Inside integrates its full-stack software, which the company says has been validated through tens of millions of kilometers of operation, into a standardized L4 integrated software-and-hardware solution available for licensing by automakers and logistics equipment companies. Under Rino FaaS, or fleet-as-a-service, Rino.ai provides transportation capacity directly to customers and handles vehicles, dispatching, maintenance and system updates, with customers paying based on actual delivery orders. On the manufacturing side, Rino.ai has established Chongqing Xiaoxiang Zhixing Technology Co., Ltd. in a joint venture with Shineray Motors. The company, described as the world's first RoboVan vehicle manufacturer, is already in production and has begun vehicle deliveries. On the battery side, Rino.ai is jointly developing dedicated batteries with Gotion JTM, a subsidiary of Gotion High-Tech. Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service: [email protected] Seller Service: [email protected]
Eurowind commissioned a 60 MW/120 MWh BESS system in Teiuș. 8 October 2026 energynomics Eurowind Energy has commissioned a battery energy storage system at Teiuș with a power rating of 60 MW and an energy capacity of 120 MWh, developed for Teiuș Solar, an affiliate of the Danish group. The investment amounted to 21 million euros and received funding under Romania's National Recovery and Resilience Plan (PNRR). The system is coupled with the Teiuș solar park and enables surplus electricity to be stored and delivered to the grid at a later stage. The 60 MW/120 MWh configuration provides two hours of storage at rated power and adds flexibility to the solar project by allowing electricity generation and delivery to the grid to be shifted in time. Allview Energy, the energy division of Visual Fan, delivered the project on a full EPC basis, covering engineering, procurement, construction, installation, technical integration, testing and commissioning. Storage complements solar generation For Eurowind Energy, the project is intended to enable more flexible use of renewable generation and reduce the mismatch between when electricity is produced and when it is needed by the power system. "Storage helps balance the system, reduces pressure on the grid during peak hours and contributes to more stable prices," said Adrian Dobre, Country Manager of Eurowind Energy Romania. The commissioning of the Teiuș project adds operational storage capacity to a market where batteries are becoming increasingly important for integrating variable renewable generation. For a solar project, battery storage makes it possible to retain part of the electricity generated during periods of high output and use it later, depending on grid and market conditions. For this energy storage project, Eurowind has chosen batteries from Gotion High Tech, one of the world's largest battery manufacturers, with a strong presence in Europe. Gotion enjoys the support and trust of European shareholders, such as Volkswagen, which provides the guarantee and assurance of premium products manufactured to European standards. The project was officially presented in Teiuș at an event organised by Eurowind Energy Romania together with the Embassy of the Kingdom of Denmark in Romania. Allview extends its integration expertise into control software Allview Energy is building on its experience in the engineering and integration of BESS projects to develop its own storage management solutions. The company has developed Allview Certus, an EMS/SCADA platform designed to monitor and control energy storage infrastructure. According to the company, the platform is designed for interoperability with equipment from multiple vendors and includes real-time monitoring, protection functions and tools for tracking system performance. For Allview Energy, Teiuș is a project in which the company covered the entire implementation process, from engineering through to commissioning. "It is an important moment for us to see a project that we built from the design stage through to commissioning become operational energy infrastructure," said Lucian Peticilă, CEO of Visual Fan. Eurowind Energy Romania has been active in the local market since 2011. The company currently reports 184 MW of operational capacity in Romania, including the 60 MW battery storage system at Teiuș, as well as a development pipeline of approximately 7.5 GW at various stages.
Gotion has launched delivery of Africa's largest AC-coupled energy storage project, shipping systems to Egypt's Nefertiti and Horus projects. Fifty trucks departed from the company's Jinzhai and Nantong facilities carrying Gotion Grid 5MWh storage systems. The projects, developed by AMEA Power and built by China Energy Engineering Group, will become Africa's largest standalone storage facilities once completed. Gotion completed the first shipment within three months of signing, utilising its vertically integrated supply chain. The systems include in-house cells, battery management systems, and power conversion systems, upgraded for extreme heat and sandstorms. The facilities will support grid stability, enable solar and wind integration, and advance Egypt's 2030 clean energy targets.
Gotion delivers Africa's largest ac-coupled storage project in just 3 months. Sep 29, 2026, 11:55 PM ET * Gotion's shipment within three months of signing set an industry-leading pace, powered by its vertically integrated supply chain and upstream-downstream coordination. * Gotion launches official delivery for Africa's largest standalone storage project in Egypt, first 50 trucks depart. * With full DC-to-AC integration, from in-house cells, BMS and DC systems to AC-side PCS and transformers, Gotion Grid serves as a critical buffer for grid stability and peak-shaving. JINZHAI, China, Sept. 29, 2026 /PRNewswire/ - On Sept. 28, Gotion has launched global delivery for what will be Africa's largest AC-coupled energy storage project. Fifty heavy-duty trucks loaded with its self-developed Gotion Grid 5MWh storage systems departed simultaneously from its Jinzhai and Nantong facilities, marking the start of full-scale delivery. Gotion Grid will serve Egypt's Nefertiti and Horus projects - the country's first large-scale standalone storage projects and, once completed, Africa's largest standalone storage facilities. Developed by AMEA Power and built by China Energy Engineering Group, and powered by Gotion's solutions, they will strengthen grid stability, support solar and wind integration, and advance Egypt's 2030 clean energy goals. Upgraded for extreme heat, sandstorms and salt fog, Gotion's systems offer high-voltage stability, high safety and millisecond-level response, enhancing solar consumption at Benban and providing flexible peak-shaving for the Zafarana wind farm. Gotion's ability to complete the first shipment within three months of signing demonstrates its strength in large-scale storage integration, global supply chain coordination, and localized delivery. "This shipment opens a new stage of broader cooperation," said by Hussain Al Nowais, Chairman of AMEA Power, "We are proud and satisfied with our partnership with Gotion and are actively exploring new opportunities across the Middle East and Africa." Li Chen, Senior Vice President of Gotion and President of Gotion Americas said, "Egypt is Gotion's key step into the Middle East and North Africa, proving it can deliver end-to-end, operate locally, and commit for the long term." SOURCE Gotion NOTE: This content is not written by or endorsed by "WOWK", its advertisers, or Nexstar Media Inc.
We’re all in, Volkswagen deepens Gotion partnership, sells 5.3% stake Volkswagen Group said today it will expand its partnership with Gotion and speed up development of a European battery supply chain through several joint ventures, while also selling a 5.3% equity stake in the Chinese battery manufacturer. The German automaker will maintain a significant stake in Gotion after the transaction, according to a company statement. The partners agreed to establish three joint ventures in Valencia, Spain, Surany, Slovakia, and Kenitra, Morocco. Valencia will become a European production hub for LFP batteries, the company said. The expanded partnership will include industrial production of LFP battery cells and cathode active materials. PowerCo is expected to contribute approximately €470 million to the Surany and Kenitra sites by 2030 to acquire its 49% stake. The agreement calls for Gotion to invest around €1.1 billion to acquire its 49% stake in the Valencia site.
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Industries
Company Size
201-500
Company Stage
IPO
Headquarters
Fremont, California
Founded
2014
Find jobs on Simplify and start your career today