Report: LGES May Supply Tesla With Batteries From Arizona via insideevs.com
LG Energy Solution does not provide any details about the matter. What we know from the previous announcement is that the company intended to invest 1.7 trillion KRW to build in Queen Creek, Arizona a factory for cylindrical batteries for EVs and electric tools with an annual capacity of 11 gigawatt-hours . It would be a wholly-owned subsidiary rather than a joint venture.
As we understand, the company would like to secure sales before building a factory, which is not a surprise, especially considering the challenging economic conditions. LG Energy Solution already is a Tesla battery supplier - an important one, as it supplies 2170-type cylindrical battery cells for the Tesla Giga Shanghai . As far as we know , the LGES's Chinese battery plant is also supplying cells for the Tesla Giga Berlin plant.
Considering that Tesla is in high demand for 2170-type battery cells in North America, it might be interested in some additional supply also from LGES cells from Arizona .
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