Connect with us

Hi, what are you looking for?

Chevy Bolt EV sales


LG Chem To Open EV Battery Factory In Europe — Maybe In My City, Wroclaw!

Originally published on EV Obsession.

As many of you know, I’m from Florida but I’ve ended up in Wrocław, Poland. I’ve now lived here for over 7 years. It’s a beautiful city of ~1 million and has several large international employers sucking off the blood of the insane number of young adults who go to college/university here and then also stick around to settle down. LG is one of those employers. It has LG Electronics, LG Display, and LG Innotek arms here.

Photo by Jeffrey Sauger for Chevrolet

Photo by Jeffrey Sauger for Chevrolet

Getting to the point of the story, LG Chem recently announced that it is looking to open an EV battery manufacturing plant in Europe that will produce ~50,000 EV batteries a year… and Wrocław is reportedly the top contender for that.

By volume, Panasonic is currently the largest producer of electric vehicle battery cells, specifically because it produces the battery cells for Tesla Motors. However, LG Chem seems to have the most agreements with automakers to supply them with lithium-ion batteries. This includes big players like GM, the Renault-Nissan Alliance, Daimler/Mercedes, and Volkswagen Group (which has Audi, Porsche, SEAT, Škoda, and Volkswagen, among others, under its umbrella… for now).

At the moment, LG Chem has a South Korea EV battery factory that can pump out 200,000 batteries a year as well as a factory in Holland, Michigan, that can pump out 50,000 batteries a year. It is building a factory in China that will be able to produce 100,000 EV batteries a year.

Getting up to a total production capacity of 400,000 batteries a year is nice, but I hope LG has much bigger plans than that for the coming years. If it wants to become the #1 EV battery manufacturer on the planet, I think it’ll need to ramp up production very quickly to meet the surge in EV demand we’re going to see within the coming few years. And that’s only more true when you look at recent EV battery cost projections from GM/LG Chem.

Furthermore, 400,000 small batteries ≠ 400,000 large batteries, and the EV world should be shifting to large batteries, like GM’s Chevy Bolt (and a yet-to-be-named European version of the Bolt) will use.

Here’s a Bolt-load of related stories for more of the backstory:

#1 EV Battery Supplier Now LG Chem With New Daimler Deal?

500-Kilometer All-Electric Audi SUV Will Use LG Chem + Samsung SDI Battery Cells

New Report On EV Battery Market Details Potential Path For LG Chem EV Battery Growth

Samsung SDI + LG Chem Top Recent Business Assessment Of Lithium-Ion Battery Manufacturers

LG Chem Trying To Steal Tesla’s Home Battery Storage Thunder?

LG Chem Pushes Australian Battery Storage Prices Further Down The Curve

h/t electrek

Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.


You May Also Like


CATL has announced a major new investment in a European battery factory to be located in the city of Debrecen in Hungary.


Compared to 2021, new passenger car sales have dropped by at least 11% and up to 20% in Germany, France, Spain, Italy, and the...


Tesla will begin manufacturing a new version of the Model Y in Germany with a structural battery pack from BYD.


Last month, we told readers about a deal between GM and Pilot/Flying J truck stops to install 2000 EVgo charging stations at 500 locations....

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.