China Battery-Maker Gotion Says War Shifts Focus to Clean Energy

Gotion High-Tech Co. Ltd., a major Chinese battery manufacturer, is seeing a renewed global focus on the green transition as fossil fuel disruptions due to the Iran war drive demand for clean-energy technology.

“Everyone is placing more emphasis on the new energy transition since the conflict in the Middle East” began, founder and chairman Li Zhen said in an interview with Bloomberg Television this week. Ongoing advancements in solar and wind, and cost improvements in batteries mean governments can “achieve self-sufficiency and not rely on fossil fuel supplies from a few countries,” he added.