Current：Home > FinanceSlovakia’s government signs a memorandum with China’s Gotion High-Tech to build a car battery plant -SummitInvest
Slovakia’s government signs a memorandum with China’s Gotion High-Tech to build a car battery plant
View
Date：2025-04-17 01:16:10
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！ (17)
Related
- Rylee Arnold Shares a Long
- Irish writer Paul Lynch wins Booker Prize for dystopian novel 'Prophet Song'
- Tens of thousands march in London calling for a permanent cease-fire in Gaza
- Officials in Texas investigating the death of a horse killed and dumped on Thanksgiving
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- College football Week 13 winners and losers: Michigan again gets best of Ohio State
- Israel summons Irish ambassador over tweet it alleges doesn’t adequately condemn Hamas
- Beyoncé's 'Renaissance' film premieres: Top moments from the chrome carpet
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Bradley Cooper says his fascination with Leonard Bernstein, focus of new film Maestro, traces back to cartoons
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- CM Punk makes emphatic return to WWE at end of Survivor Series: WarGames in Chicago
- Most powerful cosmic ray in decades has scientists asking, 'What the heck is going on?'
- India’s LGBTQ+ community holds pride march, raises concerns over country’s restrictive laws
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Derek Chauvin, convicted in George Floyd’s murder, stabbed in prison
- Jordan’s top diplomat wants to align Europeans behind a call for a permanent cease-fire in Gaza
- Trump hints at expanded role for the military within the US. A legacy law gives him few guardrails
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Pakistan’s army says it killed 8 militants during a raid along the border with Afghanistan
Mark Stoops addresses rumors about him leaving for Texas A&M: 'I couldn't leave' Kentucky
One of world’s largest icebergs drifting beyond Antarctic waters after it was grounded for 3 decades
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
Kourtney Kardashian’s Son Reign Disick Reveals How He Wants to Bond With Baby Brother
Texas A&M aiming to hire Duke football's Mike Elko as next head coach, per reports
This week on Sunday Morning (November 26)