Poland to invest EUR 466 mln in electric car plant

The construction of Poland's first electric car plant will cost PLN 2 bln (EUR 466 mln), PAP was told by Piotr Zaremba, CEO of special-purpose company ElectroMobility Poland (EMP). As many as 17 potential locations are being taken into account, Zaremba added.

The construction may take up to three years, the CEO also said.

"We will start mass production of Polish electric cars in late 2022 or early 2023," Zaremba said. Initially, the plant will be turning out 100,000 vehicles annually and ultimately - 200,000, in a number of segments.

The CEO said that "the cost of the investment, at the output of 100,000 cars, is PLN 2 bln."

The trial manufacturing period would be launched seven months before the first commercial vehicles reach the market, Zaremba said.

The new facility is planned to offer 3,000 jobs.

Asked whether Polish companies will be among the suppliers of the components for electric cars, Zaremba said he was sure that "a large part of our partners will be Polish."

The development of the electric mobility sector is one of the cornerstones of Poland's long-term economic growth plan, the Strategy for Responsible Development. Under the strategy, there should be one million electric vehicles on Polish roads by 2025.

ElectroMobility Poland has been established by four Polish energy companies - Enea, Energa, PGE and Tauron - in which the Polish government holds dominant or considerable stakes.