-+ 0.00%
-+ 0.00%
-+ 0.00%
According to the Korea Economic Daily, citing unnamed industry sources, the capacity utilization rate of LG New Energy's plant in Poland has increased due to strong demand for electric vehicles in Europe and the shift of some production lines to energy storage systems, and the plant is expected to turn operating profit into a profit in the fourth quarter. The report indicates that the capacity utilization rate of the Wroclaw plant in the third quarter has risen to a range of 60% to 65%, the highest level since the third quarter of 2024. Normally, when the plant's capacity utilization rate reaches the initial range of 60% to 70%, a break-even balance can be achieved.
Share
Listen to the news
According to the Korea Economic Daily, citing unnamed industry sources, the capacity utilization rate of LG New Energy's plant in Poland has increased due to strong demand for electric vehicles in Europe and the shift of some production lines to energy storage systems, and the plant is expected to turn operating profit into a profit in the fourth quarter. The report indicates that the capacity utilization rate of the Wroclaw plant in the third quarter has risen to a range of 60% to 65%, the highest level since the third quarter of 2024. Normally, when the plant's capacity utilization rate reaches the initial range of 60% to 70%, a break-even balance can be achieved.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending