Premiere European Automotive Supplier Matador Invests In InoBat

BRATISLAVA Matador today announced the investment in InoBat, that will help the R&D and battery production company revolutionise electro-mobility and energy storage in Europe, by building a unique combination of R&D centre and a production line in aforementioned sectors. Simultaneously, the companies entered into a strategic alliance for the construction of a 100MWh battery production line, InoBat Auto, that is expected to begin in the first half of 2020, providing the EU with proprietary battery solution for electric vehicles by the end of 2021.

Matador is expected to play crucial role in the development phase of the InoBat Auto 100MWh demonstration production line, that will serve the CEE-based automotive manufacturers. Having strong and experienced engineering and project management teams that have been designing state-of-art fully automated production lines for major automotive industry players, Matador will assist InoBat Auto during the construction period, with a view to play even stronger strategic role during the planned upscale to a 10 GWh battery mass production facility.

source: matador-group...