The factory will be scaled to produce enough cells for 100,000 battery packs (of undisclosed sizes), which means no less than several GWh annually. The factory will employ 2,500 people.
Currently, there is no shortage of auto manufacturers in Europe willing to purchase batteries from LG's new factory – from niche brands like Jaguar, which will introduce the I-PACE, through Volvo, and the largest players in the industry – the Volkswagen Group, Renault-Nissan and Daimler, to name just few.
"LG Chem plans to spend 5.9 billion zlotys ($1.63 billion) on the factory near the southwestern city of Wroclaw, according to Polish state industry agency ARP.
Wroclaw is 190 kilometers (118 miles) from the border with Germany, home of VW Group which plans to invest more than 20 billion euros ($24 billion) in zero-emission vehicles by 2030 and make 3 million electric vehicles (EVs) a year by 2025."
"Asked about the source of lithium and other raw materials, a representative of LG Chem's local arm said they would first be imported from the parent company in Korea and then hopefully from Polish suppliers."