LG Chem places stress on VW?
In keeping with the most recent information from Germany, Volkswagen encountered a battle with its lithium-ion battery provider LG Chem, which threatens its plans to construct its personal battery gigafactories in Germany.
Volkswagen entered right into a partnership with SK Innovation to construct a battery plant within the U.S. and it was anticipated that the 2 might construct a joint gigafactory-type of plant in Germany, however reportedly LG Chem has taken problem with the concept.
There’s a threat that LG Chem might cease supplying Volkswagen Group with battery cells if the VW-SK Innovation begins manufacturing. As a result of LG Chem is at present the most important battery provider for Volkswagen, it will be devastating to the whole EV technique.
“LG Chem threatened, below sure circumstances, now not ship when VW with SK Innovation into manufacturing”
Because the experiences stay unofficial, time will inform how and if Volkswagen will be capable of diversify its provider base.
Supply: manager-magazin.de through Electrek