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Another electric vehicle battery factory announced
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....
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....
http://www.electric-vehiclenews.com/2016/08/samsung-sdi-to-build-358m-car-battery.html
And if you'd like to know more about lithium, this is a decent overview:
http://www.globalxfunds.com/lithium-explained/
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