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Samsung SDI to Expand Hungarian Plant to Supply Prismatic Batteries for Hyundai, Kia EVs

Summary by evmagz.com
South Korean battery manufacturer Samsung SDI will expand and modernize its facility in Göd, Hungary, to supply next-generation prismatic batteries for Hyundai and Kia electric vehicles in Europe. The expansion follows a successful 1.65 trillion won ($1.2 billion) stock offering, with the funds allocated toward renovating the plant’s first production line and enlarging its second. [...] The post Samsung SDI to Expand Hungarian Plant to Supply Pr…
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evmagz.com broke the news in on Tuesday, June 3, 2025.
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