AA

Massive SK Innovation Investment Strengthens Hungary's Position in Electric Car Batteries

2021. február 02.

BNE Intellinews

South Korea's SK Innovation will build its largest European EV battery plant in Hungary, its third in the country in an investment programme totalling $2.3bn, it was announced on January 29. The largest Hungarian greenfield investment of all time will be launched in Ivancsa, 55km south of Budapest on 70 hectares, creating 2,500 new jobs and enabling the production of 430,000 electric cars per year.

More...