Poland’s €36 million investment aid to chemical company LG Chem for a new electric vehicle batteries plant in the Dolnoslaskie region is in line with EU State aid rules, the European Commission said on January 28.

The investment aid will support LG Chem's €325 million investment in a new vertically integrated manufacturing plant for the production of lithium-ion batteries in Poland. Li-ion batteries are used in electric vehicles and the new plant is expected to supply batteries for more than ...