LG Chem to start bat­tery fac­tory

The Star Early Edition - - BUSINESS REPORT | INTERNATIONAL -

SOUTH Korean bat­tery maker LG Chem will pro­duce 100 000 elec­tric car bat­ter­ies a year in Poland to meet de­mand from global car­mak­ers ditch­ing diesel and petrol en­gines. LG Chem said in a joint state­ment with the Pol­ish de­vel­op­ment min­istry yes­ter­day that its bat­tery fac­tory, which is due to be com­pleted next year near the western city of Wro­claw, will be Europe’s largest and em­ploy 2 500 peo­ple. The fac­tory will make bat­ter­ies for elec­tric cars pro­duced by top car com­pa­nies, which are in­vest­ing bil­lions of dol­lars in elec­tric cars to catch up with Tesla, LG Chem said.

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