LG Chem Plans To Build A Car Battery Plant In Poland
The South Korean based LG Chem plans to further enhance its battery production capacity and technology research. This will be done by the advent of their all-new car battery plant located in Poland, according to a source with knowledge of the matter spoke to Reuters, saying that the plant will be completed in about 18 months. According to CarScoops, the battery plant will be located in the city of Wroclaw, located in Poland.
The plant is supposed to have a production capacity of 229,000 EV batteries per year. This would make the Poland plant the second-biggest factory of its kind for LG Chem – smaller only compared with the company’s production facilities in China. LG Chem is currently supplying battery packs for a total of 25 car companies. Some of them include VW, Audi, Volvo and Renault in Europe, where General Motors is using them as the official battery supplier for the upcoming Chevrolet Bolt. This marks another chapter in the quest for more production numbers in terms of car batteries, giving the car industry a significant boost in availability to satisfy heightened future demand.
Future vehicles like the Tesla Model 3 with its 400,000 pre-order numbers are among them, but we’ll also be seeing more cars like the BMW i3, Nissan Leaf, Audi E-Tron, Chevrolet Bolt – among others. It’s a hectic and exciting future. We’ll see what companies come on top in each of their respective business areas – batteries are certainly one of the most prolific aspects of the electric car market for sure.