01 Jan '17, 3pm

Samsung SDI to build $358M car battery plant in Hungary by 2018

South Korea's Samsung SDI plans to invest about 400 billion won ($358 million) to build a plant to make electric vehicle batteries in Hungary, joining the race to build capacity and tap European demand. Samsung SDI, whose customers include BMW, said on Tuesday that the proposed factory near Budapest would start production in the second half of 2018 and it would be able to produce batteries used for 50,000 pure electric vehicles (EVs) annually. The plant will "help us save logistics costs and quickly cope with demand from customers, as European companies have manufacturing bases around Hungary," Samsung SDI, an affiliate of Samsung Electronics, said in a statement. The company currently produces batteries for BMW's i3 in South Korea. Samsung SDI last year started production at its factory in China, the world's biggest EV market, but subsidy regulations have hampered its sal...

Full article: http://www.electric-vehiclenews.com/2016/08/samsung-sdi-t...

Tweets

Build Relationships to Build Links

Build Relationships to Build Links

brickmarketing.com 31 Dec '16, 1pm

Editorial links (that are the result of a website owner choosing to include a link on their website because it will be val...

As world warms, how do we decide when a plant is native?

As world warms, how do we decide when a plant i...

e360.yale.edu 31 Dec '16, 7pm

A map of the United States' various temperature zones, created by the U.S. Department of Agriculture and used by farmers a...

Samsung SDI, Third in EV Contracts, Bumps Long-...

greentechmedia.com 10 Jan '17, 1pm

South Korean battery-maker Samsung SDI added to the recent flurry of electro-mobility news by announcing its "high-energy ...

LeEco Breaks Ground on $1.8 Billion China Electric Car Plant

LeEco Breaks Ground on $1.8 Billion China Elect...

hybridcars.com 29 Dec '16, 5pm

Amidst a sea of financial troubles, Chinese technology and entertainment company LeEco began construction on Tuesday of a ...

McIlroy favored to be world No. 1 heading into 2018

McIlroy favored to be world No. 1 heading into ...

golfchannel.com 03 Jan '17, 5pm

Jason Day begins the new year as the top-ranked golfer in the world, but one betting outlet believes his reign may be shor...

cron_for_github (2.0.0): The interval build comes.

rubygems.org 01 Jan '17, 2pm

RubyGems.org is the Ruby community’s gem hosting service. Instantly publish your gems and then install them . Use the API ...

Driving the 2018 Lexus LC 500 in Seville, Spain

Driving the 2018 Lexus LC 500 in Seville, Spain

robbreport.com 02 Jan '17, 7pm

When Lexus debuted the LF-LC concept at the 2012 North American International Auto Show, enthusiasts were intrigued by sin...