TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
*
Home
Press release
Feb 08, 2023 12:46 JST
Source:
Gotion High-tech Co Ltd
Gotion and InoBat sign MoU to develop Joint Venture EV Battery Cells and Packs
HONG KONG, Feb 08, 2023 - (ACN Newswire) - On February 5, Gotion High-Tech, the innovative manufacturer of batteries and energy storage solutions in China, signed a Memorandum of Understanding (MoU) with InoBat, the European pioneering supplier of premium batteries for electric vehicles, to explore Joint Venture opportunities in revolutionizing EV battery and energy storage technologies, including co-development of a gigafactory with cell and pack production capacity of 40 GWh.
With technical superiority, complementary capabilities and a shared sustainability ethos, Gotion and InoBat will look at ways to work together on several key common topics of interest, such as:
-- co-development of a JV gigafactory with cell and pack production capacity of 40 GWh to support EV applications, with the CEE region being one of the regions under consideration
-- technical cooperation based on both sides' respective advantages of LFP and NMC batteries
-- co-develop the potential for ESS battery production at existing InoBat premises in Slovakia allowing fast access to the European market
-- technology and commercial partnership in facility operations
-- investigation of recycling concepts for production scrap and end of life batteries
Through the cooperation following the MoU, InoBat benefit from Gotion's expertise in electric storage solutions ("ESS") whilst Gotion will benefit from InoBat's existing manufacturing sites and expansive market connections in Europe to facilitate Gotion's internationalization. By working together in mutually beneficial areas, both companies aim to devise new and exciting technologies to accelerate the global charge towards a green energy future.
About Gotion High-Tech
Gotion High-tech is a world-leading provider of new energy solutions. It focuses on the R&D, production and sales of EV lithium-ion batteries and ESS batteries and ranks among the top in China and the global market in terms of comprehensive strength. Gotion High-tech has global operations and has partnered with Volkswagen, Tata Group, Vinfast, and Jinko. For more information, visit
https://en.gotion.com.cn
About InoBat:
InoBat specializes in electric battery R&D, supply, and recycling for global OEMs in automotive, commercial vehicle, motorsport, and aerospace. Its "cradle-to-cradle" approach promotes a circular economy. Backed by Rio Tinto, Amara Raja, Ideanomics, IFC, IPM Group and other strategic investors and partners, InoBat has a R&D facility and pilot line in Slovakia. It has also been approved for grant financing under the Important Projects for Common European Interest (IPCEI). For more information, visit
https://inobat.eu/
.
Media contact:
Porda
projectg2022.hk@pordahavas.com
Source: Gotion High-tech Co Ltd
Sectors: Alternative Energy
Copyright ©2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Related Press Release
Fudan U. and Gotion High-Tech establish Joint Research Centre for Advanced Battery Technology
August 17 2023 16:31 JST
Why several domestic and international agencies upgraded their ESG ratings for Gotion High-tech
August 04 2023 12:12 JST
Gotion High-Tech Wins Volkswagen Cell Test Lab Qualification
February 23 2023 10:55 JST
Establishment of Thailand's NV Gotion as Gotion plans to build battery export base in ASEAN countries
December 16 2022 08:50 JST
Gotion High-tech and VinES Vietnam base break ground at a joint venture battery factory
November 21 2022 10:47 JST
Gotion High-tech Releases 2022 Interim Results
August 26 2022 22:00 JST
China-Euro Stock Connect Launch to a Flying Start, Gotion High-Tech GDR is officially listed on the SIX Swiss Exchange
August 01 2022 20:20 JST
Gotion High-tech: GDRs listing has been approved by China Securities Regulatory Commission
July 24 2022 16:17 JST
Argentine President Fernandez meets with Gotion High-tech chairman Li Zhen
June 28 2022 18:00 JST
Gotion High-Tech intends to invest in a production base in Europe with an annual production capacity of 18GWh
June 28 2022 17:32 JST
More Press release >>
Latest Press Release
Fujitsu and Tokai National Higher Education and Research System utilize AI to accelerate clinical research and tackle 'drug loss' in Japan
May 23, 2025 17:29 JST
Lockheed Martin and Fujitsu Strengthen Japan Industry Collaboration with SPY-7 Supplier Selection and Strategic Agreements
May 23, 2025 13:36 JST
NIED, Fujitsu, SDS and Mitsubishi Electric sign joint research agreement to advance Japan Disaster Charter operational framework
May 23, 2025 13:35 JST
Honda Expands Production Capacity by Adding New Production Line at Fourth Motorcycle Plant in India
May 23, 2025 12:17 JST
Honda Reaches 500 Million-Unit Milestone in Cumulative Global Motorcycle Production
May 23, 2025 11:32 JST
Five Toyota Group Companies to Accelerate Skill Development and Innovation in AI and Software
May 23, 2025 10:51 JST
MHI Conducts Flight Test for Hybrid-Type Medium-Sized UAV
May 22, 2025 13:35 JST
Eisai Demonstrates Commitment to Oncology Innovation at ASCO 2025
May 21, 2025 15:00 JST
New RAV4 Makes World Premiere in Japan
May 21, 2025 14:09 JST
Naoris Protocol Begins Token Sale for First Post-Quantum Infrastructure Layer
May 21, 2025 14:00 JST
MHI Marine Machinery Begin Demonstration Testing of Methane Oxidation Catalyst System for Marine LNG Engines
May 20, 2025 13:51 JST
MHI Launches 'Prismo,' a New Brand Eco-Friendly Next-Generation AGT
May 19, 2025 16:14 JST
Eisai Satisfies All-Case Surveillance Requirement for Anticancer Agent Remitoro
May 16, 2025 17:21 JST
Premiere of New bZ Woodland BEV Focused on Driving Performance and Spaciousness in North America
May 16, 2025 16:35 JST
Mitsubishi Heavy Industries Activates New Driving Force for Data Center Business in the United States
May 16, 2025 15:43 JST
MHI Thermal Systems Receives JSRAE Technology Award
May 15, 2025 20:08 JST
Honda and Quemix Co-develop a New, World's First Quantum State Readout Technology
May 15, 2025 13:37 JST
Mitsubishi Electric Building Solutions Launches a New Projection-type Hall Lantern for Overseas Markets
May 15, 2025 11:00 JST
MHI Starts Operation of New CO2 Capture Pilot Plant at KEPCO's Himeji No.2 Power Station
May 14, 2025 16:50 JST
Making Anime More Interesting and Taking it into the Future, Launch of Three New Projects
May 14, 2025 11:00 JST
More Latest Release >>