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Tesla makes €3.67 billion battery deal with LG

ArenaEV
In a bid to lower its dependence on China’s CATL, the world’s biggest battery producer, Tesla has reportedly signed a €3.67 billion deal with Korea’s LG Energy Solution. The deal will see LG supply Tesla with LFP batteries from August 2027 and until the end of July 2030. LG Energy Solution is the largest Korean battery maker. The deal includes… Read more…

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