SK Innovation will build second battery plant in Komarom, northwestern Hungary. The investment is valued at HUF 239bn. The South Korean company is planning to produce batteries for electric vehicles at the new plant, and employ 1,000 people. Construction is set to break ground in March, with production scheduled to start in late 2021 or early 2022. SK Innovation has already bought the 430,000 sqm plot in Komarom where the 112,000 sqm plant will be developed.
