According to "Reuters" reported that LG's LG Chemical next year will invest in Poland to build Europe's largest lithium battery manufacturing plant to meet the growing demand for electric vehicle market.
With the continuous decline in battery costs and exhaust emissions of environmental pressures continue to increase, more and more car manufacturers began planning the production of electric vehicles. From Volkswagen, Volvo, Daimler to BMW, many manufacturers are planning in the next few years to launch a series of pure electric vehicle products. But the European region is very small battery production equipment, so most of the battery components are imported from China and South Korea.
Although the Asian supply chain in the development of the speed and scale have a huge advantage, but now Europe needs to develop their own battery industry to improve the employment rate and profit calls are getting higher and higher. According to the Polish National Bureau of Industry, LG Chemical has plans to invest $ 1.63 billion in a plant near Wroclaw in the southwestern part of Poland to build a new lithium battery plant.
Wroclaw is about 190 kilometers from the border between Poland and Germany, and in Germany, the Volkswagen Group has said it will invest $ 24 billion in 2030 to produce zero-emission cars and achieve an annual production target of 3 million by 2025.
LG Chemical said in a statement on Thursday, next year the new plant electric car battery production will reach 100,000. At the same time, the factory will provide 2,500 jobs for the local.
LG Chemical is a subsidiary of South Korea's LG Group, has not disclosed the specific list of customers, but the company said it contains a number of international top auto companies. "Poland is the most suitable place for lithium battery production, and we will meet the needs of European and global car manufacturers. "said Chang-Beom Kang, vice president of LG Chemical.
It is unclear whether the plant will produce all battery packs or parts of imported parts from zero. However, LG Chemical said the plant will also include a research and development center, and gathered more than 400 different professional engineers around the world, including automation, electronics, chemistry and IT. When asked about the source of lithium and other raw materials, the spokesman said that the first consideration from the parent company of South Korea imports, and then will choose the Polish local suppliers to provide.
LG this new plant capacity of 100,000 can only meet the current global market demand for a small part. According to Nissan Leaf and other most representative of the compact level of electric vehicle production point of view, 100,000 battery production is only 4GWh, which means that the production capacity of this factory is only Tesla "super factory" about 10%.
Before the cost of electric vehicle battery pack is always high, but the recent period has begun to show a significant downward trend. According to Barclays analyst data show that since 2010, the cost per kilowatt-hour battery has dropped from $ 1,000 to $ 227. But last year in Europe, sales of new cars, only 0.2% of the proportion of pure electric vehicles.