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By bne IntelliNews Electric vehicle (EV) battery technology company InoBat has signed a declaration of intent with the Serbian government on the construction of a major new EV battery factory. The new gigafactory will help to meet the growing demand for electric car batteries in Europe. Serbia is an increasingly important destination for manufacturing auto components. InoBat said in a press release on November 14 that the Serbian government will provide “financial and material support”. It did not disclose the size of the support, but according to Reuters it will provide funding of up to €419m…