Tesla supplier LGES to build 4680 battery production capacity

LG Energy Solution said this week it would spend $451 million to expand its production of larger format cylindrical cells used by Tesla. 

The South Korean battery producer said it would add 9 gigawatt-hours of capacity to its Ochang plant to produce 4680 lithium ion cells.

The expansion could cement LG’s supply relationship with Tesla, and help it catch up to Panasonic, which is also building capacity to produce the cells. The cell format is becoming increasingly popular with battery producers as it becomes clear Tesla’s own internal production is unlikely to be enough to meet its . . .


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