Wildcat Discovery, InoBat, to build an electric car battery line, in the case of Slovakia

BRATISLAVA (Reuters) – the middle group of InoBat and the US energy-tech firm, Wildcat Discovery Technologies, will be the construction of a 100-million-euro ($111 million) in its automotive battery production in the Slovak republic, with the aim of meeting the future needs of the central european automotive industry.

The companies said on Friday that the construction of the 100 Mwp line, which is capable of producing of up to 1,500 batteries, each year is initially supposed to start in the first half of the year is 2020, and the distribution will start by the end of 2021.

In the end, ” she said, and she wanted to get an upgrade on the line, up to 10 GWh in the long term, the strengthening of the capacity of 150,000 batteries.

“(Wildcat’s) technology has the potential to be a revolution for the whole of the European electric-car battery industry,” InoBat is a co-founder of Marian Bocek, said in a statement.

The companies have been in talks with the European investment bank (EIB), one of them said.

Purchased developed technology, a combination of high-throughput methods (HTP), and artificial intelligence, artificial intelligence, and has been working with both vehicle manufacturers and consumer electronics groups, such as Toyota, Samsung Electronics and more.

The auto industry has been increasingly shifting from the electric and the European Union is seeking the support of the battery, in the production process.

The electric car battery production would be the first in the Slovak republic, which is the world’s largest per-capita car producer. Central Europe is home to a number of auto plants, resulting in the industry is important to the region’s economy.

South Korean battery-maker LG Chem has been a manufacturing site in Poland, while SK Innovation is due to be launched in Hungary, where Samsung CAMERA has already.

Reporting Tatiana Jancarikova; Editing by Elaine Hardcastle

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