
Inzi Controls, a South Korean automotive company, is to build an electric vehicles battery plant in Hungary.
The company will build the plant in the city of Komárom, backed by a HUF1.6 billion (US$5.6 million) grant from Hungary’s government, foreign affairs and trade minister Peter Szijjarto (pictured) confirmed.
The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.