Tesla taps LG Energy for US storage batteries in $4.3 billion deal

Tesla has selected LG Energy Solution (LGES) to supply lithium iron phosphate (LFP) batteries for its US energy storage products in a deal reportedly worth $4. 3 billion, according to South Korean media. From ESS News As major players increasingly invest in stationary energy storage to stabilize power grids and support renewable integration, a significant new deal is set to reshape the supply chain. Tesla has reportedly tapped LG Energy Solution (LGES) for a massive supply of US-made batteries, signaling a strategic push to bolster its energy division. According to reports from The Korean Herald, ...

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