LG Poland lithium battery factory starts to occupy the European electric market

The Polish electric vehicle battery factory is located near Wroclaw in southwestern Poland, with a total area of ​​41,300 square meters. It is the fourth largest manufacturing plant built by LG Tech, accounting for 90% of the high-performance electric vehicle battery market. It has established a foothold for Lejin Chemical Company to become a “tycoon” in the industry. The plant will be officially put into production in the second half of 2017.

South Korean technology giant LG announced that it is building Europe's largest lithium-ion battery plant for electric vehicles near Wroclaw, Poland. It is expected that its LG Chem division will open in 2019. And from the following year, lithium batteries will be supplied to 100,000 electric vehicles every year.

The project is indeed a big project for LG, but it is still inferior to the battery production scale of competitors. Panasonic's new battery manufacturing facility in China is capable of supplying approximately 200,000 electric vehicles per year, while Elon Musk's "Gigafactory" super battery plant is expected to have an annual production capacity of 50. Ten thousand electric cars provide battery support.

LG Poland lithium battery factory starts to occupy the European electric market

Lithium-ion battery for LG electric vehicles

According to Musk, Gigafactory, the company's super factory in Nevada, is expected to produce more batteries than any other plant in the world. Musk said that the plant's production capacity is currently the world's number one, higher than any other factory in the world.

As more and more automakers shift their more lineups to electric and hybrid vehicles, battery production is likely to become a major bottleneck in car electrification. Although more and more battery factories can help open the bottleneck, the supply of battery base materials may become a bigger obstacle in the future.

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