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Tesla partners with LG for US-made LFP batteries in new $4.3 billion deal

by Interesting Engineering on MSN.com
Aug 02, 2025
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Tesla partners with LG for US-made LFP batteries in new $4.3 billion deal

Tesla has reportedly struck a new $4.3 billion deal with LG Energy Solution (LGES), a major South Korean battery manufacturer. The contract is for the supply of lithium iron phosphate (LFP) batteries, specifically for stationary energy storage systems and not for electric vehicles.

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