LG Energy to Supply 4680 Cells to Tesla... New Factories Planned in US and Europe

[Asia Economy New York=Correspondent Baek Jong-min] LG Energy Solution is reportedly developing advanced batteries to supply to Tesla and is considering production in the United States and Europe.

[Image source=Yonhap News]

On the 9th (local time), a major foreign media outlet cited two sources to report this.

LG recently mentioned at a press conference that it is planning to expand its factory in the U.S., including cylindrical batteries in addition to pouch batteries for electric vehicles and energy storage systems (ESS).

The sources explained that although LG did not specify the supply destination at the time, the plan is intended with Tesla in mind. Currently, LG Chem supplies batteries for Tesla's Model 3 and Model Y vehicles produced at the Shanghai factory.

One source stated, "LG plans to produce 4680 cells at its new U.S. factory and will establish a battery factory in Spain targeting Tesla's Berlin Gigafactory." However, it is reported that LG and Tesla have not yet agreed on supplying 4680 cells.

The 4680 cell is the next-generation battery announced last year by Tesla CEO Elon Musk at Battery Day. Musk mentioned that the 4680 battery would be mass-produced at the Berlin Gigafactory starting this year.

Major foreign media added that neither LG nor Tesla has confirmed these details.

This content was produced with the assistance of AI translation services.