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Lotte Aluminium, a subsidiary of Rakuten Group, is investing in a new aluminum foil plant in Hungary to produce battery foil for electric and hybrid vehicles. The plant will have a capacity of about 30,000 tons per year and is expected to start production in 2021.
“Lotte Aluminium is investing in building a world's most advanced aluminum foil plant in Hungary, specializing in the production of electric vehicles and hybrid vehicle battery foil, with a production capacity of about 30,000 tons per year, which is expected to be put into production in 2021.”news.metal.com
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