EBRD extends €250 m to support LG Chem gigafactory for electric vehicles batteries

The European Bank for Reconstruction and Development (EBRD) extends a €250 million to help LG Chem establish a €2.8 billion gigafactory for producing lithium-ion batteries. The EBRD is powering the revolution in electric vehicles. The move to electric vehicles is seen as imperative to reduce CO2 emissions and reach targets in addressing the challenges of climate … Continue reading EBRD extends €250 m to support LG Chem gigafactory for electric vehicles batteries