LG will build Europe’s biggest EV battery factory next year

Latest news

    The company’s chemical arm is planning to manufacture up to 100,000 EV batteries starting next year, recruiting 2,500 people in the process. According to Reuters, the factory will also include an R&D center.

    View the original article: https://www.engadget.com/2017/10/12/lg-will-build-europes-biggest-ev-battery-factory-next-year/

    While the factory may sound big enough, LG Chem’s production estimates place it at around 10 percent of the capacity of Tesla’s Gigafactory estimates for 2018. Demand is ramping up in Europe, and this is likely just the start. Paris stated today that it aimed to ban the sales of new fossil fuel car by the year 2030, while both France as a country, and the UK, aim to ban the sale of combustion engine vehicles by 2040.

    In the same category are

    After Math: Stage 4 capitalism $150: Want to know everything about the inner workings of America's autonomous death machines? With help from the dark web, you can now buy informati...
    Honda will use electric bikes to test swappable batteries Honda, Panasonic and a local Indonesian partner are hoping to prove that the Mobile Power Packs can address common issues associated with electric ve...
    Lockheed Martin creates its largest 3D-printed space part to date Titanium is an ideal material for the industry, because it's lightweight and can withstand the harsh conditions of space travel. However, manufacture...
    The best VPN service What you should do before considering a VPN Most people leave their privacy and security vulnerable in ways that are easier to fix with methods other ...
    Chrome OS on a tablet doesn’t make a lot of sense Multitasking Booting up the Chromebook Tab 10 feels familiar. There's a quick setup process that involves getting the tablet on a WiFi network and si...
    Audi’s latest infotainment system is a smarter driving companion In addition to tricking your brain, the new infotainment system, called MMI Touch Response, has done away with the rotary dial found on the previous v...

    Leave a comment

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.