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29th March, 2018

GS Yuasa starts to build battery plant

Japanese battery maker GS Yuasa laid the foundation stone on Wednesday for its electric-car battery plant to be built in Miskolc.

The government will provide Ft 465 million in state support to the Ft 8.8 billion project, Foreign Affairs and Trade Minister Peter Szijjarto said. The Czech Republic and Germany were also in competition to host the factory, Szijjarto underlined.

GS Yuasa plans to supply European electric car makers from its Hungarian plant, which is to start production next year.

First, the company will build a 60,000m2 production site, which, at a later stage, could be expanded to 140,000m2, GS Yuasa International’s president Osamu Murao said. (napi.hu)

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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