Thursday, December 28, 2023

LG Energy Solution and Impact Clean Power sign agreement to power electric buses in Europe


LG Energy Solution, a manufacturer of lithium-ion batteries, and Impact Clean Power Technology (ICPT), a supplier of heavy-duty battery systems, have signed a supply agreement for nickel-cobalt-manganese (NCM) battery modules.

LG Energy Solution will ship 200,000 battery modules from its Wroclaw, Poland plant to ICPT’s GigafactoryX in Pruszkow over the next three years to be assembled into battery packs and systemsfor about 3,000 large commercial EVs. Commercial vehicles like electric buses require batteries that can withstand 11 times more energy flow than passenger cars. LG Energy Solution will use NCM chemistry to improve battery durability and range.

“Capitalizing on our Wroclaw plant, which is the biggest battery manufacturing facility in Europe, we are committed to establishing a robust supply chain in Europe and expediting its transition to sustainable mobility,” said Seungtaek Hong, Head of Automotive Battery Marketing at LG Energy Solution.

Source: LG Energy Solution



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