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Tesla picks LGES, not CATL

Autoblog on MSN · 1d

Why Tesla’s $4.3 Billion Battery Deal Is Actually About Escaping China

Tesla has signed a $4.3B battery supply deal with LG Energy Solution, shifting energy storage production to the U.S. and reducing reliance on China.

Ars Technica · 2d

Tesla picks LGES, not CATL, for $4.3 billion storage battery deal

The deal also reduces Tesla’s reliance on Chinese suppliers. LGES will produce the LFP cells at its factory in Michigan, says Reuters, and so they will not be subject to the Trump trade war tariffs, unlike Chinese-made cells from CATL.

Elon Musk's Tesla, LG Energy Solutions Sign $4.3 Billion Battery Deal: Report

LG Energy Solutions and Tesla have signed a $4.3 billion deal for LFP batteries. LG will supply batteries to Tesla from its U.S. facility.

autoevolution5h

Tesla's Poor Vehicle Sales Have Blown LGES 4680 Cell Production to Smithereens

LG's battery business took a significant hit after Tesla canceled plans to buy its 4680 battery cells amid disappointing ...

1d

Tesla's $4.3B Battery Pivot Just Shook the Supply Chain--But Investors Didn't Cheer

The move comes as Tesla looks to ease reliance on Chinese battery suppliers and offset the pressure from recent tariffs ...

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