- cross-posted to:
- europe@feddit.org
- cross-posted to:
- europe@feddit.org
cross-posted from: https://lemmy.zip/post/51968185
Slovak Prime Minister Robert Fico hailed a decision by China’s Gotion High-Tech Co. to build a €1.2 billion electric-car battery plant in his country.
“Our relationship with China is built on mutual respect for international law and the principle of non-interference in internal affairs,” Fico said at the ground-breaking ceremony in the southern town of Surany on Tuesday.
The new GIB EnergyX Slovakia battery factory will be the second-largest foreign direct investment in the history of the EU and euro-area member state and aims to start full-scale production in 2027.
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