GOTION(SZ:002074)2022-12-03 10:08Group 1: Joint Venture and Business Focus - The joint venture with Tata in India focuses on the design, development, validation, and manufacturing of battery modules and packs, as well as battery management systems [2]. Group 2: Research and Development Progress - The company has achieved a product upgrade for lithium iron phosphate (LFP) batteries with an energy density of 190 Wh/kg, and the passenger vehicle system has reached a breakthrough of 140 Wh/kg, supporting a range of over 400 kilometers for new energy vehicles [3]. - The company plans to increase the energy density of LFP single cells to nearly 200 Wh/kg by the end of 2019 [3]. Group 3: Market Expansion and Applications - The company is accelerating the development of domestic downstream customers while also expanding overseas, having established partnerships with Bosch and Tata in India [3]. - The company's lithium battery products can be widely applied in energy storage stations, communication base stations, wind-solar complementary systems, and mobile power sources [3].