Poland: Construction of Lithium Battery Production Plant LG Promises Mecca of Battery Production
LG Chem announced that it would start construction of an Electric Vehicle (EV) battery plant in Wrocław, Poland.
Seoul/South Korea — “We will turn the Poland EV battery plant into a mecca of battery production for electric vehicles around the world,” said UB Lee, the President of Energy Solution Company, LG Chem. He added, “As LG Chem's Poland EV battery plant is the first large-scale automotive lithium battery production plant in Europe, it will play the role of vitalizing the electric vehicle industry across the whole Europe. We will put all our efforts into making the plant into a main production hub for EV batteries.”
LG Chem will build an EV battery plant inside the LG cluster located in Kobierzyce Commune near Wroclaw in southwestern Poland. The plant has a size of 41,300 m2 and aims to start production in the second half of 2017. The battery producer announced an investment of approximately 400 billion KRW (approx. € 314 million) in the plant by the end of 2018. When the investment is complete, the plant will have the production capacity that can provide more than 100,000 batteries per year for pure high-performance EVs that can run up to 320 km once charged. The plant is the first large-scale lithium-ion battery plant for automotive application in Europe.
The company will build a fully integrated production system that produces all battery components from electrodes to cells, modules, and packs for the first time in Europe. By building an EV battery plant in Poland, LG Chem intends to reduce logistics cost, supply products to carmakers in a timely manner, and enhance strategic partnership with local clients.