The desire of many manufacturers to gain a foothold in the Chinese market electric vehicles does not mean that the production of the respective components will not develop in other regions. The proximity of production facilities for the production of components allows automakers to save on logistics and reducing risks, as well as work on the principle of "just in time".
According to Reuters, the company Samsung SDI, without reaching the desired results in the Chinese market, turns to the European market hybrids and electric vehicles. The construction of a plant for the production of traction batteries in Hungary this unit Samsung will invest at least $ 358 million. In the second half of 2018, the company will be able to produce annually traction batteries for 50,000 electric vehicles. Samsung already provides its battery electric BMW i3, but so far they have to be delivered from South Korea.
Rival LG Chem also leaves the European market of components for electric vehicles unattended. The company will build a similar plant in Poland. Obviously, consumers traction batteries will be Korean-made European manufacturers of electric vehicles. The Volkswagen Group is actively interested in the topic, rethinking production program after the scandal of tainted data on the emissions level from diesel engines.