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Ground breaking for the LG Energy Solution‘s 53-GWh Battery Manufacturing Plant in Arizona is completed that its construction has begun, when announced last year. The targets of the two plants focused on the manufacture of battery packs for electric vehicles and independent energy storages systems will be established at the end of next year. LG, which invests $5.5 billion in this construction project, is building the world’s first lithium-ion battery factory in the U.S.
These facilities will not only serve as LG’s first ever standalone cylindrical and ESS battery plants in North America but also as the company’s second solar module plant and its first EV component facility in the region. The circular manufacturing site that is nicknamed LGEA (LG Energy Solution Arizona) will be the sole source of production of 46-Series battery packs for the EVs. At the same time, the 46-Series batteries will be on the way of large scale production at its Ochang plant, Korea, later this year, while the Arizona plant is ready to maintain this pace of work.
LG’s large-scale battery production plant, the LG Energy Solution Arizona ESS, will exclusively produce LFP pouch-type batteries, one of the most important components of ESS LG can deliver on this initiative by building this standalone battery facility in North America. Local manufacturing of batteries especially in the United States will be very effective to cater for the growing demand of batteries that is heavily affected by the energy clean policies prevalent in the country which has the largest battery market in the globe. |
