European Commission opens investigation into proposed public support for Samsung SDI battery plant in Hungary
Green Car Congress
OCTOBER 16, 2019
The European Commission has opened an in-depth investigation to assess whether Hungary's plans to grant €108 million of public support to Samsung SDI for investing in the expansion of its battery cell production facility in Göd (Hungary) is in line with EU rules on regional State aid. —Commissioner Margrethe Vestager, in charge of competition policy. Samsung SDI is one of the main players in the fast growing market of lithium-ion battery market.