Poland’s battery business booming. LG leads with 14 billion pln investment.

At the end of its expansion in 2022, the LG factory in Kobierzyce is to employ around 10,000 people, and is expected to be the largest in the world.

The car and parts manufacturing industry is the second most important sector of the Polish industry. And step by step, it returns to its pre-pandemic form. In March, almost 31,000 units were produced in Polish factories.

The data for March published by the Central Statistical Office on Monday show that 30,700 units left Polish factories, including Passenger cars (+52.2% y / y), 19.9 thousand trucks (+54.8% y / y) and 581 buses (+ 11.9% y / y). This is the second-best month for the production of these vehicles in Poland in the last year.

In the first quarter of 2021, as many as 1,972,000 units were produced in Poland (car batteries, i.e. by 29.1 percent more year on year). In March alone, it was 700,000 batteries, i.e. by 4.1 percent more yy.

The Korean LG Energy Solutions plants near Wrocław are expanding, where batteries with a capacity of 100 GWh are to be produced annually – for comparison, in 2019, 180 GWh of batteries were produced worldwide, and the largest factory in the world in China has a production capacity of 60 GWh. Currently, the Polish factory LG produces 100 thousand batteries per year.

The estimated cost of the entire investment is PLN 14 billion. At the end of the expansion in 2022, the factory in Kobierzyce is to employ around 10,000 people, and is expected to be the largest in the world. Car batteries are already one of Poland’s main export goods, growing faster than other goods.

In Poland, apart from LG, they invest in the production of lithium-ion batteries and other concerns from South Korea, such as SK Innovations, Nara Battery Engineering, Foosung, Enchem. Production plants were established not only in Lower Silesia but also in Kędzierzyn-Koźle in the Opole region or Dąbrowa Górnicza. Investments in Poland are also being carried out or planned to be implemented by Belgian Umicore, British Johnson Matthey, and Swedish Northvolt.

Source.

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