LG Energy Solution has entered into a US$4.3 billion supply agreement with Tesla, announced by the US government, while simultaneously upgrading its EV battery plant with GM for ESS cells.
Three companies, Ultion Technologies, Ultium Cells and SK On have recently announced plans to begin manufacturing lithium iron phosphate (LFP) battery cells in the US.
Car marker General Motors says it will underpin its 2015 drive for 100% reliance on renewable energy sources with its expertise in energy storage, and its expansion of solar and wind installations.
