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2 hours ago

Samsung SDI nears major Tesla 10GWh LFP ESS Battery Deal

Samsung SDI is reportedly close to signing a multi-year supply deal with Tesla worth about 3 trillion won for around 10GWh per year of LFP ESS battery cells from 2026. The cells would likely support Megapack production in California, with manufacturing expected at SDI’s Indiana JV facility. The deal strengthens Tesla’s shift toward Korean suppliers as it reduces reliance on China.

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