When used in battery components, the advanced flame barrier product is said to be resistant to flames for a longer period of time

The new plant is expected to supply batteries for more than 295,000 EVs every year in the European Economic Area

In 2017, the company decided to invest more than €1bn in the production capacity of EV batteries at its existing plant in the Dolnoślaskie region of Poland

It is located at the site of the company’s first Irish onshore wind farm, which will have a total capacity of 23MW

The collaboration is expected to drive down battery costs while improving the technology for customers

The €2.8bn LG Chem facility in Wrocław is expected to have a total production capacity of around 65GWh to 70GWh a year by 2022

South Korean firm LG Chem’s facility is expected to supply batteries for more than 80,000 EVs per year

Panasonic is the current leader in the global battery market for electric vehicles (EVs) with a 39% share. That’s according to a new report which states Korean company LG Chem has the potential to overtake it as it has signed up automakers including General Motors, Volkswagen, Daimler and Ford. Panasonic is reliant on a single […]