How much money does Slovakia invest in electromobility?

It is worth EUR 1.2 billion and it focuses on battery production. Slovakia secured another significant investment on electromobility. A joint undertaking of the Chinese Group Gotion and the Slovak Company InoBat plans to construct a battery production plant for electric vehicles in the Lower Nitra Region.

What type of energy is produced in Slovakia?

Based on the United States Energy Information Adminstration data from 2022, electricity in Slovakia is produced from the following sources: fossil fuels 19.14%, wind 0.00%, solar 2.66%, hydro 13.09%, nuclear 65.11%, and geothermal 0.00%. You can also compare the energy mix of Slovakia to other countries.

How much electricity does Slovakia import?

4.1.3 4.1.3 Electricity imports reached 13,472 GW/h, with 13,079 GW/h exported. For the fifth consecutive year, the Slovakian electricity system has been dependent on imports, although this is mainly for commercial reasons rather than a lack of installed capacity.

Who owns the Slovak electricity generation market?

Recently, most of the new market players operated on the basis of such notifications. 1.3.1 The main player in the Slovak electricity generation market is Slovenské elektrárne, a.s. (SE), a joint stock company of which 66% is owned by Enel, 1 the Italian based multinational group, with the other 34% owned by the Slovak state.

Why is the gotion a good investment in Slovakia?

Ministry of Economy of the Slovak Republic believes that the investment in question will enhance an economic development of Slovakia and will contribute to increase its innovation potential. The Gotion is a pioneer in energy batteries, being also the first company in this industry that entered the capital market in China.

Why should we invest in the Slovak economy?

We expect this cooperation to have a positive effect on our economy in the long term and it will also contribute to further development of the innovation potential of our country,” highlighted the Deputy Prime Minister and Minister of Economy of the Slovak Republic Denisa Saková in connection with the importance of the investment for Slovakia.