If you need to know about batteries; you’ve come to the right place Chinese flag 点击这里访问我们的中文网站 Chinese flag

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. 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.