Samsung SDI is considering building a new battery cell factory in Hungary, according to Korean media. The plant is to supply BMW exclusively with round cells for the New Class electric cars and is to be built near Samsung SDI’s existing two battery factories in Göd.
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The Korean battery cell manufacturer Samsung SDI has announced that it will invest the equivalent of around 740 million euros in the expansion of its battery factory in Göd, Hungary, near Budapest.
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The European Commission has opened an investigation against Hungary to assess whether Hungary’s plans to grant €108 million in subsidies to Samsung SDI for the expansion of its battery cell production plant in Göd follow EU rules on regional state aid.
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