If you need to know about batteries; you’ve come to the right place
Chinese flag点击这里访问我们的中文网站Chinese flag

Loan paves way to lithium-ion production line in Slovakia as gigafactory plans move forward

Thu, 07/02/2020 - 11:21 -- Paul Crompton

Lithium-ion battery maker InoBat Auto has secured investment to fund the development of a 100MWh R&D centre and production line in Slovakia.

The €10 million ($11 million) loan from European organisation CEZ Group —a conglomerate of 96 companies— comes as the Slovakian battery maker progresses plans to build a 10GWh gigafactory to supply the electric vehicle market.

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.