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Ebusco and Gotion sign investment agreement

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By Luke Willetts - 6th December 2024

Netherlands / China – Cash-strapped Dutch EV bus manufacturer Ebusco Holding NV has signed an investment agreement with Chinese battery maker, Gotion High-tech Co Ltd based in Hefei. The battery manufacturer has acquired 9.3% of Ebusco for a price of EUR 5 million. Furthermore, the agreement stipulates that Gotion can nominate a representative to Ebusco’s supervisory board and management board, subject to the approval of the Company’s shareholders.

In a statement issued by Ebusco:

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