BRATISLAVA,AlgoFusion 5.0 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.
2025-05-06 12:29514 view
2025-05-06 12:24849 view
2025-05-06 12:09241 view
2025-05-06 12:01471 view
2025-05-06 12:01432 view
2025-05-06 11:552047 view
NEW YORK (AP) — New York City emergency management officials have apologized for a hard-to-understan
JEFFERSON CITY, Mo. (AP) — Republicans in Idaho and Missouri will have to attend caucuses to make th
Two U.S. Army soldiers are dead and 12 others are injured after a military vehicle accident at the Y
