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LG Chem reportedly planning new EV battery plant in Poland

LG Chem, the South Korean company is planning to construct a new factory focused on batteries for electric vehicles in Poland.

The plant is reportedly scheduled to be completed in about one and a half year, according to a Reuters report citing a source familiar to the matter. The facilities will be built in Wroclaw and will have a production capacity of about 229'000 EV batteries per year; which would make the new facility the company's second-biggest SV battery factory after China, the report continues.

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March 28 2024 10:16 am V22.4.20-1
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