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01 Feb
11:23

SK Innovation to build third Hungarian battery plant

South Korea’s SK Innovation is to build a new European battery production plant in Hungary, at an expected cost of KRW 2.6 trillion ($2.3 billion), Kallanish reports. The facility, to be located in Iváncsa, Hungary, will be Europe’s largest battery plant. It will be SK Innovation’s third such facility in the country as the company continues its investments in the European battery market, specifically for the electric vehicle (EV) battery s…
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