Backed by Europe’s largest deposits of lithium,

Backed by Europe’s largest deposits of lithium, Ukraine’s Infrastructure Minister Volodymyr Omelyan has talked to Chinese companies about building battery plants in Ukraine. Corchia said he does not know of concrete plans, adding: “South Korea and China have decided to invest in this business, building factories that are very large, very competitive.” As he spoke, Poland’s Prime Minister, Mateusz Moravetsky, announced in Warsaw that Mercedes Benz will build a €200 million battery plant in western Poland. At the plant, workers will assemble battery cells into blocks. By 2022, Mercedes plans to electrify all its models, and, by 2030 to spend €20 billion on batteries.