From The Electric Viking.
Tesla and LG Begin $4.3 Billion LFP Battery Factory in the U.S.
Tesla and LG Energy Solution are partnering on a massive $4.3 billion LFP battery factory in the U.S., marking a major shift toward cheaper, more scalable EV battery production. The move aims to localize supply chains, cut costs, and reduce reliance on Chinese battery giants like CATL. This factory could play a critical role in accelerating EV adoption across North America.
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👇Reference to the news/charts & videos used in this video:
https://www.notateslaapp.com/news/3809/tesla-and-lg-sign-deal-for-43-billion-lfp-battery-factory-in-us
US confirms Tesla (TSLA) is buyer in LG’s $4.3B LFP battery deal for Megapack 3
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