Electromobility: construction of Samsung SDI battery factory in Göd completed

Electromobility: construction of Samsung SDI battery factory in Göd completed

Dzsun Jong hjun, CEO of Samsung SDI, Orbán Viktor, Prime Minister of Hungary, Jim Gun Hjong, Ambassador of South Korea to Hungary

The recent investment of the South Korean electronics giant is a huge step for electromobility in Hungary. The new European battery manufacturing plant – supplemented with its units located in Ulsan, South Korea and Xian, China – will be the third pillar of the global triangular production structure of Samsung SDI. As a result of a project worth of about EUR 300 million, the production of 50,000 batteries per year, made exclusively for electric vehicles (EV), may begin in the second half of 2018.

Decision makers of the company and the government planted a tree in at the plant together

Decision makers of the company and the government planted a tree in at the plant together

Samsung SDI announced in August 2016 that the company chooses its Göd plant as location for its battery production in Europe. Earlier, the screen panels of plasma TVs were produced at the Göd factory, thus most of the existing plant infrastructure could be utilised during the construction.

The new Hungarian unit will allow Samsung to significantly reduce its logistics costs: it can immediately react to customer needs, since the manufacturing bases of global automakers are concentrated in Central and Eastern Europe. In addition, the company gains competitive advantage in the battery industry by devising an integrated system, creating synergy with the SDI BS (Battery Systems) plant in Austria, acquired by Samsung in 2015.

At the completion ceremony, Hungarian Prime Minister Viktor Orbán said: more than 160,000 people were working in the Hungarian automotive industry in 2017 Q1, which means Hungary has inevitably become one of the most important automotive manufacturing centres in CEE, now aiming to transform into the innovation and e-mobility hub of the region.