Chinese company Gotion High Tech acquires 25% stake in Slovakia’s Inobat EV battery startup

Chinese company Gotion High Tech acquires 25% stake in Slovakia’s Inobat EV battery startup.

Chinese battery manufacturer Gotion High Tech (002074.SZ) is purchasing a 25% interest in Slovak battery manufacturer Inobat.

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The terms of the investment and what they signify for Inobat’s worth were not disclosed by the firms.

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The path to mass production for the Slovak startup will be sped up by this.

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