Polish state agency ARP confirmed than in 2018 LG Chem will launch the largest electri cvehicle battery factory in Europe.
LG Chem says that some $387 million will be put to work at its European battery factory in Poland to expand capacity.
LG Chem is growing increasingly invested in the EV battery space, but the lithium-ion battery maker won't divulge a deal, or even talks with Volkswagen.
LG Chem has officially begun construction of its European battery factory in Poland, and will invest some $360 million in the facility by 2018
Poland set a target to put 1 million plug-ins on the road by 2025, and boost electric bus production to 1,000 a year by 2020.