Current：Home > StocksSlovakia’s government signs a memorandum with China’s Gotion High-Tech to build a car battery plant -Wealth Legacy Solutions
Slovakia’s government signs a memorandum with China’s Gotion High-Tech to build a car battery plant
Robert Brown View
Date：2025-03-11 08:05:21
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！ (6)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- 1 of last Republican congressmen to vote for Trump impeachment defends his seat in Washington race
- An infant died after being forgotten in the back seat of a hot car, Louisiana authorities say
- Nasdaq, S&P 500 ride chip-stock wave before Fed verdict; Microsoft slips
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Hailey Merkt, former 'The Bachelor' contestant, dies at 31
- For Orioles, trade deadline, Jackson Holliday's return reflect reality: 'We want to go all the way'
- North Carolina Medicaid recipients can obtain OTC birth control pills at pharmacies at no cost
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Elon Musk is quietly using your tweets to train his chatbot. Here’s how to opt out.
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Governor appoints new adjutant general of the Mississippi National Guard
- Olympics 2024: Simone Biles Reveals She’s Been Blocked by Former Teammate MyKayla Skinner
- New Jersey school is removing Sen. Bob Menendez’s name from its building
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Medal predictions for track and field events at the 2024 Paris Olympics
- Sonya Massey made multiple 911 calls for mental health crises in days before police shot her at home
- Weak infrastructure, distrust make communication during natural disasters hard on rural Texas
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Judge throws out remaining claims in oil pipeline protester’s excessive-force lawsuit
Georgia prosecutors committed ‘gross negligence’ with emails in ‘Cop City’ case, judge says
'The Sims' added a polyamory option. I tried it out.
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
An infant died after being forgotten in the back seat of a hot car, Louisiana authorities say
Lady Gaga's Olympics opening ceremony number was prerecorded 'for safety reasons'
-
An infant died after being forgotten in the back seat of a hot car, Louisiana authorities say