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Samsung SDI Makes Strategic Shift to Boost European Battery Production

Samsung SDI, a South Korean conglomerate, is bolstering its production capabilities in Europe with plans to introduce next-generation cylindrical batteries, the '46 Pi' product. This particular battery, with a diameter of 46 mm and a height of 80 mm, often referred to as 4680, will be produced at their Goed plant in Hungary, following further investments in the site.

This move signals a shift in Samsung SDI's strategic outlook, previously perceived as somewhat hesitant towards battery investment. The change is epitomised by their 2021 investments, which exceeded 2 trillion won ($1.5 billion), a stark contrast to previous. . .

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