Minth intends to invest in production of electric vehicle components in Serbia

Serbia and China-based Minth Holdings Limited plan to sign a memorandum of understanding for investments in manufacturing facilities for the automotive industry, electric vehicles, and equipment for solar power plants. The joint venture aims to establish a new manufacturing facility in Serbia, promoting various sectors including automotive, electric vehicles, bicycles, photovoltaic systems, and construction materials. Minth Automotive Europe is expanding its operations in Serbia receiving government subsidies, while Minth Group is focusing on battery enclosures and body structure components. Additionally, Minth collaborates with InoBat in Serbia for battery manufacturing and recycling, with Rio Tinto involved in lithium mining projects in Serbia.

Source:

https://balkangreenenergynews.com/minth-intends-to-invest-in-production-of-electric-vehicle-components-in-serbia/

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