SK Innovation has received a loan of 500 million US dollars from the Export-Import Bank of Korea. These funds are to be used for SKI’s second production facility for electric car battery cells in Hungary.
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On 8 March, SK Innovation officially started the construction of its second battery cell factory in Hungary, announced at the end of February. Meanwhile, the ground-breaking ceremony for the U.S. cell factory in the state of Georgia is apparently taking place today.
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The South Korean manufacturer SK Innovation announces the construction of another factory for battery cells in Hungary. The ground-breaking ceremony will take place in March this year in Komárom, where SK Innovation started building its first Hungarian battery factory a year ago.
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SK Innovation has broken ground for the construction of its battery cell facility in Hungary. Battery cells worth 7.5 GWh will eventually be made here. Production is to begin by 2020 in the 430,000 sqm facility.
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