Exclusive-LG Energy Solution, Tesla sign $4.3 billion battery supply deal, source says

Tehnologie

SEOUL :South Korean battery maker LG Energy Solution (LGES) has signed a $4.3 billion contract to supply Tesla with lithium iron phosphate (LFP) batteries for energy storage systems, a person familiar with the matter said on Wednesday. The batteries will be supplied from LGES's U.S. factory, the person said on condition of anonymity because the details were not public. LGES said earlier on Wednesday that it had signed a $4.3 billion contract to supply LFP batteries over three years globally,

LG Energy Solution signs $4.3 billion battery supply contract https://www.channelnewsasia.com/ - 30.07.2025 03:51

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LG Energy Solution signs $4.3 billion battery supply contract https://www.channelnewsasia.com/ - 30.07.2025 03:51