LG Energy Solution Battery to Be Installed in Europe's No.1 Electric Bus Manufacturer
Supply of Battery Packs Equivalent to 3,000 Commercial Vehicles Assembled at ICPT
to Europe's No.1 Electric Bus Company
Exterior view of LG Energy Solution's electric vehicle battery factory in Poland. Photo by LG Energy Solution
View original imageLG Energy Solution announced on the 8th that it has signed a module supply contract with Polish company ICPT (Impact Clean Power Technology).
Under this contract, LG Energy Solution will supply approximately 200,000 NCM (Nickel-Cobalt-Manganese) battery modules to ICPT over three years starting next year. This quantity is enough to produce about 3,000 large electric commercial vehicles.
ICPT plans to assemble the supplied modules into packs and deliver them to Solaris Bus & Coach, the leading electric bus company in Europe. Established in 2005, ICPT is a battery pack manufacturing and sales company. It operates the 'GigafactoryX' pack and module assembly plant in Poland and has built a solid supply chain within Europe.
The two companies plan to carry out the entire process from battery manufacturing to electric bus production within Poland. LG Energy Solution will supply NCM battery modules produced at its Wrocław plant in Poland to ICPT, which will then manufacture them into packs and supply them to Solaris Bus & Coach.
Electric vehicle batteries are classified by assembly units into cells, modules, and packs. A module consists of multiple battery cells placed in a frame to protect against external shocks, heat, and vibrations, while a pack bundles these modules together with various control and protection systems installed.
Currently, the electric commercial vehicle market is gaining attention as a high value-added industry because the battery capacity per vehicle is about 11 times greater than that of general electric vehicles.
LG Energy Solution is targeting the electric commercial vehicle market with its excellent technology and a wide range of standardized module lineups, demonstrating strong market competitiveness. Typically, batteries for electric commercial vehicles require higher standards and technical levels than those for general passenger cars, as they must endure longer driving distances, operate in extreme conditions such as snow or rain, and withstand energy voltages more than ten times higher.
Hong Seung-taek, head of OTS (Off the shelf) at LG Energy Solution, said, "Through this collaboration with ICPT, we have been able to once again demonstrate LG Energy Solution’s advanced battery technology in the rapidly growing European commercial vehicle market," adding, "We will provide world-class customer value."
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Bartek Kras, Vice President of ICPT, stated, "Based on our cooperation with LG Energy Solution, we can offer advanced products and solutions in the highly entry-barrier commercial vehicle market," and added, "We will provide the highest quality products to current and future customers."
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