World’s largest EV battery factory being built near Wrocław
22:11
Cezariusz Lesisz, president of the Industrial Development Agency (ARP), handed Sukwon Choi, President of LG Energy Solution a decision to support the fourth stage of the construction of the factory in Kobierzyce. As a result of its implementation, the total amount of expenditure will exceed €3.1 billion, and employment will reach even 10,000 jobs. After the completion of the fourth stage of the investment in the area managed by ARP’s industrial park in Kobierzyce, the largest EV battery factory in the world will be built with a production capacity of 100 GWh, satisfying approximately 60 percent of the current demand for EV batteries in Europe.
"Every investor is important to us, and its project is interesting. Last year, we issued 56 decisions to support investments in the zones we manage. One of them is the decision to support LG Energy Solution, a leading manufacturer of EV batteries. As a result, the largest EV battery factory in the world is being built in our zone in Kobierzyce near Wrocław. This is foreign investment in the strategic electromobility industry,” Cezariusz Lesisz said.
“Last year's investments attracted to ARP zones expenditures with a declared value of over PLN 2.5 billion, creating a minimum of 1,052 jobs. Most of the investments are the purchase of modern machines and production lines increasing production efficiency. The year 2021 at ARP is further work on the preparation of new investment areas such as Euro-Park Ząbkowice or preparation of land for new investors in Stalowa Wola and Tarnobrzeg,” Paweł Kolczyński, vice president of the Agency, added.
(WBJ)