Reuters: LG to build electric vehicle battery factory in Poland

South Korea's LG Chem plans to build an electric vehicle (EV) battery factory in Poland to meet rising demand from European car manufacturers, an anonymous source told Reuters. "The plant will be completed in about one and a half years," said the source, who did not want to be named as he was not authorized to talk to the media. He did not provide any details on the size of the investment. The facilities, to be located in the southwestern Polish city of Wrocław, will ultimately have a production capacity of 229,000 EV batteries a year, making it LG Chem's second-biggest EV battery factory after its Chinese plant, the source said. The company also builds EV batteries in South Korea and the United States.