Chinese-Slovak venture to invest 1.2 bln euros into battery plant in Slovakia

Reuters06-20

PRAGUE, June 20 (Reuters) - China's Gotion High Tech

and Slovak partner InoBat will invest 1.2 billion euros ($1.29 billion) to build an electric vehicle $(EV)$ battery plant in Slovakia, the country's Economy Minister Denisa Sakova said on Thursday.

($1 = 0.9325 euros)

(Reporting by Jason Hovet)

((jason.hovet@thomsonreuters.com;))

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