Current：Home > InvestSlovakia’s government signs a memorandum with China’s Gotion High-Tech to build a car battery plant -Wealth Impact Academy
Slovakia’s government signs a memorandum with China’s Gotion High-Tech to build a car battery plant
View
Date：2025-04-21 13:40:38
BRATISLAVA, Slovakia (AP) — The Slovak government signed a memorandum of understanding on Thursday with Chinese electric vehicle battery maker Gotion High-Tech and its local partner, InoBat, to build a car battery plant in Slovakia.
The two companies formed Gotion InoBat Batteries, a Chinese-Slovak venture to build the plant in the town of Surany, about 100 kilometers (60 miles) east of Bratislava. It should create about 1,500 jobs and become operational in 2026 with an initial production of 20GWh.
Financial details about the investment were not given.
German car giant Volkswagen is the largest shareholder in Gotion High-Tech with a 24.77% stake. Volkswagen has a car plant in Slovakia.
Gotion High-Tech began production in its first European plant in Gottingen, Germany, in September.
veryGood！ (6939)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Vermont panel decertifies sheriff charged with assault for kicking shackled prisoner
- Kerry Washington puts Hollywood on notice in speech: 'This is not a level playing field'
- No reelection campaign for Democratic representative after North Carolina GOP redrew U.S. House map
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Pearl Harbor survivors return to attack site to honor those who died 82 years ago: Just grateful that I'm still here
- Nvidia CEO suggests Malaysia could be AI ‘manufacturing’ hub as Southeast Asia expands data centers
- Amazon’s plans to advance its interests in California laid bare in leaked memo
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Investment banks to put $10 billion into projects aimed at interconnecting South America
Ranking
- Meet first time Grammy nominee Charley Crockett
- Construction of a cable to connect the power grids of Greece and Cyprus is set to start next year
- The wheel's many reinventions
- Virginia expects to wipe out pandemic unemployment backlog next summer
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- 'Transitions' explores the process of a mother's acceptance of her child's gender
- Shots fired outside Jewish temple in upstate New York as Hanukkah begins, shooter’s motive unknown
- Songwriter Tiffany Red pens letter to Diddy, backing Cassie's abuse allegations: 'I fear for my safety'
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Dutch police arrest a Syrian accused of sexual violence and other crimes in Syria’s civil war
South Carolina’s top cop Keel wants another 6 years, but he has to retire for 30 days first
Kerry Washington puts Hollywood on notice in speech: 'This is not a level playing field'
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Pantone reveals Peach Fuzz as its 2024 Color of the Year
Former Jacksonville Jaguars employee accused of stealing over $22 million to buy condo, cars and cryptocurrency
Greek soccer matches postponed after clashes leave police officer in critical condition