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Samsung Opens EV Battery Factory in Hungary
Samsung SDI Co. has completed construction of a 330,000 sq-meter (3.6 million sq-ft) electric-vehicle battery plant in Goed, Hungary.
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Samsung SDI Co. has completed construction of a 330,000 sq-meter (3.6 million sq-ft) electric-vehicle battery plant in Goed, Hungary. The facility will begin commercial production in the second quarter of 2018.
The South Korean company’s factory—a converted plasma display plant—will have capacity to make batteries for 50,000 EVs per year for the European market.
The facility, located about 30 km (19 miles) north of Budapest, supplements Samsung EV battery-making operations in Ulsan, Korea, and Xian, China.
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