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© lg chem Electronics Production | October 05, 2016

LG Chem starts construction of Polish battery plant

South Korean company, LG Chem, has started the construction of an Electric Vehicle (EV) battery plant in Wrocław, Poland.
“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.

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 square meters and aims to start production in the 2nd half of 2017, the company writes in an official statement.

“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,” UB Lee added

LG Chem will invest approximately KRW 400 billion (about EUR 298.36 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.

To respond to the requests of local customers quickly, 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 can reduce logistics cost, supply products to carmakers in a timely manner, and enhance strategic partnership with local clients.

Once the Poland plant is built, LG Chem will have established a global production system of four internationally located plants. The production system will be composed of the Ochang plant in South Korea, Holland plant in the United States, Nanjing plant in China, and Wroclaw plant in Poland, securing the production capacity of more than 280’000 batteries for pure high-performance EVs.

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December 13 2017 10:15 PM V8.9.2-2