InoBat Auto has agreed a deal which will see GUS Technology, a lithium-ion battery manufacturer based in Taiwan, produce and deliver batteries to help meet forecast demand.
GUS will manufacture InoBat batteries at its new factory which is scheduled for 1GWH output operation in Q4 2023. The agreement will fulfil offtake demand for InoBat’s batteries ahead of its Slovakian facility reaching full operational capacity.
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InoBat’s bespoke batteries are tailor made for each customer’s needs and GUS specialises in NCM and LTO cells which are scalable to various dimensions.
GUS has capacity to help InoBAT meet projected Asia Pacific market growth from its base in Taiwan and connections in the region. InoBat in turn will help GUS develop European markets particularly for its energy stationary storage and AGV product lines.
InoBat will host staff at its factory in Slovakia during production line commissioning in 2023 as part of a knowledge sharing and relationship building programme.
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By GlobalData
