"LG Energy Solution is converting part of the Lansing factory to produce LFP batteries for energy storage systems. Equipment orders for the new lines have already been placed, and mass production is reportedly expected to begin in the second half of next year."
"Last July, LG Energy Solution disclosed a 5.94 trillion won battery supply agreement running from August 2027 to July 2030. While the company did not name the customer, industry sources pointed to Tesla as the buyer."
"Tesla has primarily used CATL's prismatic batteries for its Megapack systems. The move to source prismatic LFP cells from LG Energy Solution's U.S. plant could then be seen as part of Tesla's efforts to bolster its North American supply base for its energy storage business."
LG Energy Solution has acquired full ownership of its Lansing, Michigan facility (formerly Ultium Cells 3) and is converting part of the plant to produce lithium iron phosphate (LFP) batteries for Tesla's energy storage systems. The facility has a 50 GWh annual production capacity. Equipment orders for the new production lines have been placed, with mass production targeted for the second half of 2026. This aligns with a previously disclosed 5.94 trillion won battery supply agreement between the companies running from August 2027 to July 2030. The move represents Tesla's strategy to strengthen its North American energy storage supply chain, shifting from reliance on CATL's prismatic batteries for Megapack systems.
#lfp-battery-manufacturing #energy-storage-systems #tesla-supply-chain #lg-energy-solution #north-american-production
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