South Korean battery maker LG Energy Solution (LGES) has signed a $4.3 billion contract to supply lithium iron phosphate (LFP) batteries to Tesla for energy storage systems. The batteries will be produced at LGES’s US factory. Although LGES announced the contract without naming the customer or specifying battery use, sources confirmed Tesla as the recipient.
Premium Content Access
This content is available exclusively to our paid subscribers. Please login to enjoy full access. If you’re interested in subscribing to access our premium content, please contact us at support@omnicoreplus.com.
