Asian Tech Press (Nov 17) -- Chinese battery giant Gotion High-tech Co. Ltd (002074.SZ) announced Friday that its German subsidiary has signed a partnership with UK-based EV charging operator Pod Point.

Gotion High-tech said its German subsidiary Gotion GmbH signed a MoU with Pod Point, one of the UK's largest electric vehicle charging infrastructure providers.

Under the MoU, the two companies will cooperate at the level of technology development and battery manufacturing, in order to develop competitive energy storage system ((ESS)) solutions for households.

InoBat, a European battery company, and Brill Power, a provider of intelligent battery management platforms, also participated in the MoU signing, and they will provide relevant technical and business support in the cooperation.

Gotion High-tech invested in InoBat in August this year, acquiring a 25% stake in the company.