LG Chem To Become Operator Of U.S.’ First Battery Gigafactory
LG Chem is doing exceptionally well these days and Automotive News expects that the battery maker’s Michigan factory could be the first U.S. lithium-ion battery factory to hit 1 GWh in annual production.
Overall, battery production from LG Chem currently comes from three factories.
LG Chem wasn’t the largest lithium-ion battery supplier to carmakers, but it does have the largest number of carmakers as customers and notes significant increases in volume.
Demand at LG Chem’s lithium-ion cell manufacturing in Holland, Michigan is already high enough to keep two of its three production lines busy for 24 hours a day. With more 2016 Chevrolet Volts and a new “mystery” project starting in 2016, there will be even more cells needed.
With orders from other companies, LG Chem is adding a fourth production line at the site.
Navigant stated that Holland’s plant output was 650 MWh annually, which isn’t confirmed or even commented on by LG Chem. 1,000 MWh or the first 1 GWh would be within LG Chem’s reach then.
Source: Automotive News