It is worth EUR 1.2 billion and it focuses on battery production. Slovakia secured another significant investment on electromobility. A joint undertaking of the Chinese Group Gotion and the Slovak Company InoBat plans to construct a battery production plant for electric vehicles in the Lower Nitra Region.
A joint undertaking of the Chinese Group Gotion and the Slovak Company InoBat plans to construct a battery production plant for electric vehicles in the Lower Nitra Region. The planned investment linked to the plant to be located in the town of Šurany amounts in total to an investment of EUR 1.2 billion.
Ministry of Economy of the Slovak Republic believes that the investment in question will enhance an economic development of Slovakia and will contribute to increase its innovation potential. The Gotion is a pioneer in energy batteries, being also the first company in this industry that entered the capital market in China.
The government and joint venture have now signed an Investment Agreement. The agreement does not come as a surprise. In November 2023, the companies signed a letter of intent to this effect with the Slovakian government regarding the factory. The partners had already presented the key points of the joint factory in September.
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The 1.2 billion euro ($1.3 billion) factory will be built in phases within three years. When fully operational, it will produce 20 gigawatt-hours of lithium ion battery cells a year, …
It is worth EUR 1.2 billion and it focuses on battery production. Slovakia secured another significant investment on electromobility. A joint undertaking of the Chinese Group Gotion and …
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The 1.2 billion euro ($1.3 billion) factory will be built in phases within three years. When fully operational, it will produce 20 gigawatt …
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The planned joint battery cell factory of the Chinese Volkswagen partner Gotion High-Tech and the Slovakian battery company InoBat in Central Europe will probably be built in Slovakia, …
The joint battery cell factory of the Chinese Volkswagen partner Gotion High-Tech and the Slovakian battery company InoBat in …
The joint battery cell factory of the Chinese Volkswagen partner Gotion High-Tech and the Slovakian battery company InoBat in Šurany, Slovakia, will become a reality. The …
🚀 Gotion Builds Battery Factory in Slovakia Chinese battery manufacturer Gotion High-Tech has officially launched the construction of a large-scale battery production base in …
Gotion’s primary focus is on lithium iron phosphate (LFP) materials and cells, ternary materials and cells, power battery packs, battery management systems, and energy …
The lithium-ion batteries manufactured there will be exported primarily to the European Union. The project involves an investment of up to 1.234 billion euros and is being …
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