Production of export Model with Tesla factory? 3 and model? The Y model will be put into production soon, and Tesla's demand for batteries is increasing day by day. In this regard, LG needs to continue to increase production capacity to meet supply. This investment is also one of the initiatives that LG Chem continues to expand its share in the field of automotive power batteries. The goal of LG Chem is to surpass China battery manufacturer Contemporary Ampere Technology Co., Ltd. and become the first company in the world in 20021year.
In addition, LG Electronics will invest 300 million US dollars in Nanjing to produce electric vehicle parts such as motors, car chargers and radars.
At present, LG Chem has laid out (planned) a number of factories around the world, roughly as follows: Korean factory, two factories in Nanjing, China, a joint venture with Geely, a Polish factory in Europe and two factories in the United States.
Editor's comment:
As the world's leading battery supplier, LG Chem's goal has always been to become a global leader in this industry. However, in order to achieve this goal, LG Chem must beat Contemporary Ampere Technology Co., Ltd. and gain more market share. At this stage, LG Chem's offensive is really fierce, but contemporary Amperex Technology Co., Ltd. will have new factory projects, limited to gradually releasing production capacity. It depends on who can continue to exert strength in the second half. (Source: insideevs；; Text/car home? Chen Hao)