Submitted by YONHAP on

This rendering, provided by Samsung SDI on Aug. 30, 2016, shows the company's planned construction of an electric vehicle battery plant in Hungary. The South Korean company said it will invest 400 billion won (US$357.7 million) in the plant, which will be able to produce batteries for 50,000 electric vehicles a year. The factory is scheduled to open in the latter half of 2018. (Yonhap) (END)

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