Guoxuan High Tech announced that its battery super factory located in Surani, Slovakia has officially started construction. This project is the first super battery factory in Slovakia's history, with a total investment of no more than 1.234 billion euros (approximately 10.153 billion yuan), marking a substantial stage in the localization layout of Chinese battery companies in Europe.

The factory covers an area of 65 hectares and is located in the Surani Strategic Park. The planned production capacity for the first phase of the project is 20GWh. It is scheduled for trial production in 2026, and will be officially put into operation in January 2027, achieving full load operation in June of the same year. After the factory is built, the products will mainly target the EU market.

Cai Yi, President of Guoxuan High Tech's Europe Africa division, stated that the construction of the super factory will inject new vitality into the European electric vehicle industry and enhance product competitiveness through localized resource integration, providing key support for the transition to zero carbon energy.

This construction is the result of Guoxuan High Tech's three-year plan for Europe. Tracing its development history: In February 2023, Guoxuan High Tech signed a memorandum of understanding with InoBat Company in Slovakia, planning to establish a joint venture factory; In September of the same year, Guoxuan acquired 25% equity of InoBat and became its strategic shareholder; In November, the joint venture GIB company confirmed the construction of a factory with an initial annual production capacity of 20GWh in Surani.

In 2025, the project will be further accelerated. In June, the Slovak government approved a national aid of 214 million euros to GIB, including 150 million euros in direct subsidies and 64 million euros in income tax exemptions, providing strong policy support for the project. In December of the same year, Guoxuan High tech officially confirmed the total investment amount and three-year construction plan of the project. Keywords: New Energy Latest News, New Energy Latest Reports

The completion of this factory will significantly enhance the radiation capability and supply chain synergy of Guoxuan High Tech in the European market, and has important strategic significance for expanding its regional market share. Editor/Yang Beihua