BRATISLAVA,Grant Preston 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.
2025-05-01 09:571465 view
2025-05-01 09:502911 view
2025-05-01 09:361551 view
2025-05-01 09:33510 view
2025-05-01 09:071474 view
2025-05-01 07:312777 view
WASHINGTON (AP) — Wholesale costs in the United States picked up sharply last month, signaling that
WASHINGTON (AP) — In an unsparing dissent, Justice Sonia Sotomayor said the Supreme Court allowed a
A Salt Lake City Fire Captain died in a boating accident in Dinosaur National Monument, the National
