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30 11 2017 02

Korean SK Innovation wants to invest 734m dollars into a new battery facility in Hungary. Construction at Komárom could start as early as February 2018.

Once the battery factory stands by 2020, it could produce 7 gWh per year, that is almost twice as much as SK Innovation’s facility in Korean Seosan manages which makes 3,9 GWh annually.

Still, SK Innovation has not confirmed Hungary as the chosen site for its new venture. The company did say though that indeed it wants to make cells in Europe and while the Czech Republic had entered the race as well, there are quite a few factors that speak for the Hungarian location.

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