LG Chem will build in Poland, Europe’s largest factory for the production of lithium-ion batteries

European producers, excitedly telling about the plans for electric cars, the implementation of these plans will need a lot of lithium-ion batteries. Anticipating increased demand, the South Korean company LG Chem is going in already, next year to open in Poland, the appropriate factory. It will become Europe’s largest factory for the production of lithium-ion batteries.

LG Chem plans to allocate to the project 1.63 billion dollars. Planned capacity of the enterprise, which will be located near wrocław, is 100 000 batteries per year. On this mark, the manufacturer expects to get out next year. Factory staff — 2,500 employees.

The necessary raw materials, including lithium, LG Chem will be the first time to deliver from South Korea, but over time the factory plans to switch to local suppliers.

The Polish factory will be short-lived Europe’s largest factory for the production of lithium-ion batteries. To 2023 in Sweden, with the participation of local ABB should be built over productive enterprise. A project called Northvolt is headed by a former head of the Tesla.

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