Saturday, April 20, 2024

LG will build Europe’s biggest EV battery factory next year

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As the auto industry fatefully moves into electric vehicles, Europes major car-makers need high capacity batteries. Until now, companies like VW, Volvo and BMW have had to import batteries from Asia. LGs forthcoming car battery factory in Poland, the first in Europe, hopes to fulfil that growing demand. The company has chosen Poland as the most competitive location for production to satisfy the needs of European and global car producers, said Chang-Beom Kang, vice president at LG …<...
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