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Expansion plans lead EU Commission to open investigation into Samsung’s Hungary lithium-ion battery plant

Thu, 10/17/2019 - 11:06 -- Paul Crompton

An investigation has been opened into Hungary's €108 million ($120 million) pledge to help fund Samsung SDI’s battery cell production expansion plans in Göd (Hungary), the European Commission announced on 14 October.

The Commission is set to investigate whether the financial support was necessary for Samsung to trigger the expansion plans at its existing plant in Göd, which was completed in 2017. 

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