Korea-based Bumchun Precision to open new plant in Hungary to produce aluminum battery terminals for EVs
Government of Hungary to provide HUF2.65 billion in funding for new plant
South Korea-based Bumchun Precision is set to open a new plant in Salgótarján, Hungary for manufacturing aluminium battery terminals for electric vehicles (EV), Hungary’s Ministry of Foreign Affairs and Trade announced in a press release on 24 July.
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