Guoxuan High-tech signs cooperation agreement with European battery manufacturer InoBat

Guoxuan High-tech signed a cooperation agreement with European battery manufacturer InoBat. The two parties will use their respective technological advantages to jointly build 40GWh battery production capacity in Europe to promote the development of power batteries and energy storage. At the same time, the two parties will also discuss cooperation in production and manufacturing, technology research and development, and study the recycling and re-production of production waste and scrapped batteries.