Global Trade Alert
Global Trade Alert

Hungary: Investment support to Samsung SDI to support electric vehicle batteries production

Announcement

14 Oct 2019

In October 2019, the European Commission approved a financial grant awarded to Samsung SDI to support the production of batteries cells for electric vehicles in Hungary. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Oct 2019

Revocation date:

No revocation date

Updated: 14 Oct 2019
Financial grant In force

On 14 October 2019, the European Commission approved Hungary's financial grant to Samsung SDI Magyarország Zrt (Samsung SDI) to support the investment in the product...

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