Name of the Project
LGES battery manufacturing complex.
Location
Queen Creek, Arizona, in the US.
Project Owner/s
LG Energy Solution (LGES).
Project Description
The project will comprise two manufacturing facilities – one for cylindrical batteries for electric vehicles, with a capacity of 27 GWh, and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS), with a capacity of 16 GWh.
The new cylindrical battery plant aims to start mass production of 2 170 cells in 2025.
The new plant for LFP pouch-type batteries for ESS will be one of the first ESS-exclusive battery production facilities globally. The company’s new manufacturing facilities will use a state-of-the-art smart factory system that conducts all decision-making, based on machine-produced data.
Potential Job Creation
Not stated.
Capital Expenditure
$5.5-billion, comprising $3.2-billion for the construction of the cylindrical battery manufacturing facility and $2.3-billion for the LFP pouch-type battery facility.
Planned Start/End Date
Both facilities will break ground in 2023. The new cylindrical battery manufacturing facility aims to start production in 2025, while the new manufacturing facility for LFP pouch-type batteries for ESS aims to start production in 2026.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
LGES Media Relations Team/LG Energy Solution Sally Seung Yeon Lee, tel +82 2 3773 6571 or email lsyciel@lgensol.com.