{"id":822,"date":"2020-02-12T18:31:13","date_gmt":"2020-02-12T09:31:13","guid":{"rendered":"https:\/\/askinno.com\/global\/?p=822"},"modified":"2024-01-24T13:39:23","modified_gmt":"2024-01-24T04:39:23","slug":"battery-plant-in-hungary-is-expected-to-become-a-milestone-for-sk-innovations-battery-business","status":"publish","type":"post","link":"https:\/\/askinno.com\/global\/archives\/822","title":{"rendered":"Battery plant in Hungary is expected to \u201cBecome a milestone for SK Innovation\u2019s Battery Business\u201d"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2082\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/02\/200211_\uc9c0\ub3d9\uc12d\ud5dd\uac00\ub9ac_\uba54\uc778_\ucd5c\uc885.jpg\" alt=\"\" width=\"1180\" height=\"440\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The quiet village began to be revitalized again. Komarom is a small city about 100km north of Budapest, Hungary. Bordering Slovakia, the city was relatively calm and quiet except for some tourists who visit to enjoy hot spring baths.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">In November 2017, SK Innovation decided to build an electric vehicle battery production base here to target the European market. The battery production plant with an annual capacity of 7.5 GWh, completed with an investment of approximately KRW 850 billion ($720 million) began producing SK Innovation&#8217;s EV batteries in\u00a0January of\u00a0this year.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-68125\" src=\"https:\/\/askinno.com\/wp-content\/uploads\/2020\/02\/200211_\uc9c0\ub3d9\uc12d\ud5dd\uac00\ub9ac_\uc774\ubbf8\uc9c01-1.jpg\" alt=\"\" width=\"1180\" height=\"268\" \/><\/p>\n<p style=\"text-align: center;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 11pt;\">\u25b2 Innovation\u2019s plant in Hungary (left) and a map showing the location of Komarom (right)<\/span><\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 100%; max-width: 1180px; border: 2px solid #d5d5d5; padding: 5px 0px; line-height: 26px; font-size: 16px;\">\n<div style=\"padding: 0px 10px;\">\n<div style=\"margin-top: 10px; margin-bottom: 10px;\">\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><strong>\u25a0 Related article<\/strong><br \/>\n&#8211; <a href=\"https:\/\/askinno.com\/archives\/28402\" target=\"_blank\" rel=\"noopener\">SK Innovation responds to the growing European EV market \u2013 The groundbreaking ceremony for its production plant in Hungary, a forward base for the European market.<\/a><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">Jee Dong-seob, who was appointed as the President of SK Innovation\u2019s Battery Business from SK Lubricants during the executive reshuffle last year, visited the plant in Hungary on\u00a0February 9th. This was the first overseas production base of SK Innovation that President Jee visited. The Hungarian plant is not only the first production base in Europe for SK Innovation\u2019s battery business but also the first global site operated solely by the company. <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-68108\" src=\"https:\/\/askinno.com\/wp-content\/uploads\/2020\/02\/200211_\uc9c0\ub3d9\uc12d\ud5dd\uac00\ub9ac_\uc774\ubbf8\uc9c02.jpg\" alt=\"\" width=\"1180\" height=\"268\" \/><\/p>\n<p style=\"text-align: center;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 11pt;\">\u25b2 Jee Dong-seob, President of SK Innovation\u2019s Battery Business, talks with members on his visit to the Battery Plant 1 in Hungary<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">After thoroughly checking the facilities and production status of the battery plant line, President Jee received a report on key tasks and social value plans for this year, and then toured the entire process of electrode, assembly, and formation in the Plant 1, which is currently manufacturing products. On this occasion, President Jee said, \u201cSecuring a forward base for Europe, the mecca of the electric vehicle market, is significant for SK Innovation\u2019s battery business. I hope you will develop this place, which will become a \u2018milestone\u2019 for SK Innovation\u2019s battery business, into the best global model.\u201d Furthermore, he expressed his deep gratitude to members who have been seamlessly doing their job from the plant\u2019s completion to mass production despite the tight schedule.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-68155\" src=\"https:\/\/askinno.com\/wp-content\/uploads\/2020\/02\/200211_\uc9c0\ub3d9\uc12d\ud5dd\uac00\ub9ac_\uc774\ubbf8\uc9c05.jpg\" alt=\"\" width=\"1180\" height=\"268\" \/><\/p>\n<p style=\"text-align: center;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 11pt;\">\u25b2 Jee Dong-seob, President of SK Innovation\u2019s Battery Business, talks with members on his visit to the Battery Plant 1 in Hungary<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6192\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/02\/200211_\uc9c0\ub3d9\uc12d\ud5dd\uac00\ub9ac_\uc778\ud130\ubdf0\uc9c0\ub3d9\uc12d-2.jpg\" alt=\"\" width=\"1180\" height=\"354\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">Komarom was once Nokia\u2019s Eastern European cell phone production base. But after it left, the city became quiet again. However, SK innovation is bringing vitality to the city with the opening of its plant. Engineers dispatched from the Seosan plant in South Korea, the home base of SK Innovation\u2019s battery production, are working together while training locally hired employees. Korean restaurants have also opened nearby, and the Hungarian Minister of Foreign Affairs who visited Korea late last year visited SK and expressed appreciation for the company\u2019s investment.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-68110\" src=\"https:\/\/askinno.com\/wp-content\/uploads\/2020\/02\/190315_\ud5dd\uac00\ub9ac\ud604\ucc44\uc778\uad50\uc721\uc790\ub8cc_\uc0ac\uc9c4_1.jpg\" alt=\"\" width=\"1180\" height=\"260\" \/><\/p>\n<p style=\"text-align: center;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 11pt;\">\u25b2 In March last year, Hungarian factory engineers visited SK Innovation sites (Seosan, Daejeon, Seoul, etc.) for training<\/span><\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 100%; max-width: 1180px; border: 2px solid #d5d5d5; padding: 5px 0px; line-height: 26px; font-size: 16px;\">\n<div style=\"padding: 0px 10px;\">\n<div style=\"margin-top: 10px; margin-bottom: 10px;\">\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><strong>\u25a0 Related article<\/strong><br \/>\n&#8211; <a href=\"https:\/\/askinno.com\/archives\/49626\" target=\"_blank\" rel=\"noopener\">SK Innovation provides training at Korea\u2019s main business sites to local engineers of its EV battery plant in Hungary<\/a><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">Across the Plant 1, the construction of the Plant 2 is in full swing. SK Innovation is currently constructing its second battery plant with a capacity of 9 GWh (gigawatt hours) by investing around KRW 940 billion ($790 million) in addition to the first plant. The investments in the first and second plants total KRW 1.78 trillion ($1.54 billion) The combined production capacity of the two plants is 16.5 GWh, which corresponds to 330,000 cars*. SK Innovation\u2019s first own plant in Europe will inevitably become a symbol and\u00a0foothold for the Korean battery industry targeting the European market. This is also why President Jee visited the plant in Hungary.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 10pt;\"><em>(*) Based on cars with 50GW output <\/em><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-68111\" src=\"https:\/\/askinno.com\/wp-content\/uploads\/2020\/02\/200211_\uc9c0\ub3d9\uc12d\ud5dd\uac00\ub9ac_\uc774\ubbf8\uc9c04.jpg\" alt=\"\" width=\"1180\" height=\"268\" \/><\/p>\n<p style=\"text-align: center;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 11pt;\">\u25b2 Jee Dong-seob, President of SK Innovation\u2019s Battery Business, visits the construction site of the Battery Plant 2 in Hungary.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The quiet village began to be revitalized again. Komarom is a small city about 100km north of Budapest, Hungary. Bordering Slovakia, the city was relatively calm and quiet except for some tourists who visit to enjoy hot spring baths. &nbsp; In November 2017, SK Innovation decided to build an electric vehicle battery production base &#8230; <a title=\"Battery plant in Hungary is expected to \u201cBecome a milestone for SK Innovation\u2019s Battery Business\u201d\" class=\"read-more\" href=\"https:\/\/askinno.com\/global\/archives\/822\" aria-label=\"Read more about Battery plant in Hungary is expected to \u201cBecome a milestone for SK Innovation\u2019s Battery Business\u201d\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":826,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[62,63,54],"tags":[35,229,127,52,15,230],"class_list":["post-822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ceo-leaders","category-inno-people","category-people","tag-battery","tag-eu","tag-europe","tag-hungary","tag-sk-innovation","tag-skhb"],"acf":[],"_links":{"self":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/comments?post=822"}],"version-history":[{"count":16,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/822\/revisions"}],"predecessor-version":[{"id":6194,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/822\/revisions\/6194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media\/826"}],"wp:attachment":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media?parent=822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/categories?post=822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/tags?post=822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}