[Concall] LG Chem "Will Expand US Battery Production Capacity to 140GWh by 2025"
[Asia Economy Reporter Hwang Yoon-joo] LG Chem announced on the 28th during its Q1 2021 earnings conference call that it plans to increase production to 140GWh (gigawatt-hours) by 2025 through additional new bases in the United States.
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LG Chem stated, "The U.S. production bases will expand production of both pouch-type and cylindrical-type batteries," and added, "We also plan to secure new bases in Europe."
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