LGES signs battery supply agreement with Chinese supplier
Teslarati
FEBRUARY 26, 2024
LG Energy Solution (LGES) signed a battery supply agreement with Chinese supplier Changzhou Liyuan New Energy Technology. Under the supply agreement, Changzhou Liyuan will provide LGES with approximately 160,000 tons of cathode materials. LGES started producing LFP batteries of EES in Chinese at the end of 2023.
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