Business Automotive Paid
Electric vehicle battery plant in Poland gets boost thanks to EIB loan of €480 mln
20:09
The European Investment Bank (EIB) has signed a €480 million loan agreement with LG Chem Wrocław Energy, the Polish subsidiary of the LG Chem Group that was established to develop the group’s battery production facility in Europe.
The financing will be used for the construction and operation of highly automated and innovative manufacturing facilities for advanced lithium-ion cells and batteries…
This article is for subscribers
Warsaw Business Journal subscribers get the full archive (12,248 articles going back to 1995) and the print edition.
SubscribeOr try Poland A.M. free for 7 days, the daily briefing, or see all plans and prices.
