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LG Energy Solution's Polish Plant to Achieve Profitability Amid Rising EV and Energy Storage Demand
1 day ago /
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Author：小编
According to the Korea Economic Daily citing industry sources, LG Energy Solution's Polish plant is expected to turn a profit in the fourth quarter, driven by increased demand for electric vehicles (EVs) in Europe and the conversion of some production lines to energy storage systems (ESS). The report states that the plant's capacity utilization rate in Wrocław rose to 60%-65% in the third quarter, the highest since the third quarter of 2024. Typically, the plant achieves break-even when capacity utilization reaches the early 60%-70% range.
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