Slovak government signed an Investment Agreement with Gotion InoBat Batteries (GIB), to build an advanced gigafactory in Slovakia.
The Slovak government has signed an Investment Agreement (IA) with Gotion InoBat Batteries (GIB), a joint-venture between one of the top tier Chinese battery companies Gotion High-tech and the Slovak innovative battery company InoBat.
GIB’s giga factory deploys an innovative closed loop circular value-chain, located in the Šurany strategic eco park home of the Šurany Battery Hub. The total planned capacity will reach up to 60 GWh and the first phase committed under the current IA is 20 GWh with Commercial Operations Date (COD) in 2026. Phase 1 will cover an area of over one hundred hectares and will employ more than a thousand workers. Construction is planned to begin at the end of 2024.
Li Zhen, Chairman of Gotion High-Tech, believes that this is a milestone in Gotion’s globalization strategy, a giant leap forward in promoting green development together with overseas enterprises, and also a key strategic cooperation between GIB and the Slovak government in developing green energy. As a gloabl leading provider of green energy solutions, Gotion High-Tech is committed to providing affordable and high-quality battery products to society, and making green energy accessible and sustainable. The successful implementation of the project in Slovakia cannot be possible without the strong support from the Slovak government and the close cooperation with our partners. Adhering to the principle of “In Slovakia, For Slovakia”, and with the the robust backing of the Slovak government, we are striving to develop the project into the most advanced zero-carbon battery factory in the EMEA region, assisting Šurany in becoming a crucial hub for batteries and new energy industries in Europe and contributing Gotion’s strength to global energy transformation.
Steven Cai, President & CEO of Gotion EMEA and Chairman of GIB said:
We invested in InoBat and created GIB. Our Šurany Giga factory shall be a landmark showcasing our Gotion High Tech capabilities.
“The project will also include a research and development centre in Šurany and we already started collaborating with universities on educational programs to help meet the demand for experts. As importantly, is our collaboration locally within the municipality and the Nitra region to develop the workforce through vocational training courses.“
Marian Boček, CEO of InoBat, views this project as groundbreaking:
We are proud to be part of GIB and are ready to play our part for this ambitious and challenging project.
“Exciting to be involved in a new era for Slovakia, becoming a leader in the battery sector to clean energy and e-mobility. GIB’s Šurany factory will be among the largest and most innovative of its kind in the world. The Šurany Battery Hub will become a showcase for strategic eco parks and a Hub for Research & Development.“
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Slovak government signed an Investment Agreement with Gotion InoBat Batteries (GIB), to build an advanced gigafactory in Slovakia. source
