{
  "id": 7715880,
  "title": "Batterie, joint venture fra Mevis e la cinese ZZ Tech",
  "url": "https://urgent.news/2026/09/16/batterie-joint-venture-fra-mevis-e-la-cinese-zz-tech",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-16T05:32:01.000Z",
  "source": {
    "name": "Il Sole 24 Ore",
    "slug": "il-sole-24-ore",
    "url": "https://www.ilsole24ore.com/art/batterie-joint-venture-mevis-e-cinese-zz-tech-AJIWHGEB"
  },
  "original_language": "it",
  "account": "Batterie, a joint venture formed by Mevis and Chinese company ZZ Tech, marks the first European venture dedicated to battery cell structural components. Mevis, an Italian industrial group specializing in precision metal components and assembled systems for automotive and electrical sectors, joins forces with ZZ Tech, a Chinese firm with advanced manufacturing and technological expertise developed through years of collaboration with global battery cell producers. The collaboration aims to share knowledge, processes, and technologies already validated at an industrial scale, with the goal of providing specialized expertise to the European market and contributing to the development of a local supply chain. Currently, the European industry lags at least two years behind Chinese producers in technological competence, which hold more than 70% of global electric vehicle production and over 75% of battery cell production. The partnership combines Mevis' industrial experience and established European presence with ZZ Tech's advanced technological and manufacturing expertise. The joint venture, exclusive to the European market, will exclusively distribute ZZ Tech's products in Europe, preventing both companies from competing independently in the continent. Mevis holds 51% ownership, with ZZ Tech owning the remaining 49%. The governance remains under Mevis' control, appointing the CEO and initial management team. Nearly equal investments in cash fund the venture. Industrial, organizational, and technological integration between the two companies has already begun, with formal creation of the NewCo expected between late 2026 and early 2027, and full operational joint venture activities anticipated between late 2027 and early 2028. The joint venture has already selected and made available a production site in Slovakia, positioning itself strategically near key European hubs for gigafactories in Hungary and Poland. The Mevis headquarters in Rosà (Vicenza) will house strategic, commercial, quality, product development, and technical offices, aiming to recruit over 100 people in the initial production phase. The JV follows a strategic path announced by both companies at Battery Show Europe 2026 in Stuttgart. Mevis CEO Federico Visentin stated, \"Europe is building its own battery industry, and we believe this transformation requires not only production capacity, but also access to the best global expertise. This is not just about creating a new industrial initiative; it's about creating a platform to accelerate the development of skills, technologies, and opportunities across the entire European value chain.\" For ZZ Tech CEO Samuel Wu, \"The signing of this agreement confirms our commitment to supporting global battery industry growth. This is ZZ Tech's second international joint venture in recent months, following a recent venture in Malaysia, and represents a particularly significant step in our European strategy.\"",
  "summary": "È la prima joint venture europea dedicata ai componenti strutturali per celle batteria: protagoniste la vicentina Mevis, gruppo industriale specializzato nella progettazione e produzione di componenti metallici di precisione e...",
  "key_points": [
    "Batterie is joint venture between Mevis and ZZ Tech.",
    "First European venture for battery cell structural components.",
    "Strategic site in Slovakia for production near EU hubs."
  ],
  "editors_take": "The joint venture between Mevis and ZZ Tech aims to bolster Europe's lagging battery industry by combining local industrial expertise with advanced Chinese technology, bridging a two-year technological gap with Chinese producers.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}