Current：Home > FinanceBurley Garcia|Slovakia’s government signs a memorandum with China’s Gotion High-Tech to build a car battery plant -FundPrime
Burley Garcia|Slovakia’s government signs a memorandum with China’s Gotion High-Tech to build a car battery plant
Surpassing View
Date：2025-04-08 20:13:44
BRATISLAVA,Burley Garcia 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！ (56166)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- UNGA Briefing: There’s one more day to go after a break — but first, here’s what you missed
- Oklahoma judge arrested in Austin, Texas, accused of shooting parked cars, rear-ending another
- Tropical Storm Ophelia tracks up East Coast, downing trees and flooding roads
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- 3-year-old boy found dead in Rio Grande renews worry, anger over US-Mexico border crossings
- Highest prize in history: Florida $1.58 billion Mega Millions winner has two weeks to claim money
- Three dead in targeted shooting across the street from Atlanta mall, police say
- In ‘Nickel Boys,’ striving for a new way to see
- As the world’s diplomacy roils a few feet away, a little UN oasis offers a riverside pocket of peace
Ranking
- Meta releases AI model to enhance Metaverse experience
- Check Out the Most Surprising Celeb Transformations of the Week
- Niger’s junta accuses United Nations chief of blocking its participation at General Assembly
- Why can't babies have honey? The answer lies in microscopic spores.
- Louvre will undergo expansion and restoration project, Macron says
- Farm Aid 2023: Lineup, schedule, how to watch livestream of festival with Willie Nelson, Neil Young
- 3 South African Navy crew members die after 7 are swept off submarine deck
- A month after Prigozhin’s suspicious death, the Kremlin is silent on his plane crash and legacy
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Europe claws back to tie 2023 Solheim Cup against Americans
GM email asks for salaried workers to cross picket lines, work parts distribution centers
BTS star Suga joins Jin, J-Hope for mandatory military service in South Korea
Tom Holland's New Venture Revealed
'The Super Models,' in their own words
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Ophelia slams Mid-Atlantic with powerful rain and winds after making landfall in North Carolina