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Battery specialists InoBat Auto gets €5 million govt. funding for Slovakian...

InoBat Auto, an R&D and battery production company providing new energy solutions for electric vehicles (EVs), has secured €5 million (approximately $4.5 million) in funding from the Slovakian government to build an R&D centre to support the development of a 10GWh Gigafactory in the country – the world’s biggest car producer per capita.

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