Tesla and LG Energy to Build $4.3B LFP Battery Plant

From：Internet Info Agency 2026-03-17 14:46:14

Tesla and LG Energy Solution have signed an agreement to jointly invest $4.3 billion in building a lithium iron phosphate (LFP) battery manufacturing plant in Lansing, Michigan. The batteries produced at this facility will be exclusively supplied to Tesla’s Megapack 3 energy storage system production line in Houston. The project is expected to commence operations in 2027, aiming to enhance Tesla's localized supply capabilities for its large-scale energy storage products and further advance its clean energy strategy.

Editor：NewsAssistant

Most Viewed in 24 Hours

: Alibaba Launches AI Music Model "Happy Shrimp" 1.0, Generating Full Songs from Natural Language; Geely Recalls 92,658 Zeekr 007 and Zeekr X Over Hard-to-Identify Emergency Mechanical Release; XPeng G9L Hits Over 80 km/h in Moose Test, Priced at ¥259,800; Chery Arrizo 7 Refresh Debuts at 2026 Chengdu Auto Show; BYD Han EV Launches with Pre-orders, Priced from RMB 249,900 to 299,900, Offering Up to 1,008 km CLTC Range; 2027 BMW X3 Officially Unveiled, Global Debut at Chengdu Auto Show with Deliveries Starting in September; U.S. Commerce Secretary Voices Dissatisfaction with U.S.-Canada Trade Draft as Differences Emerge at Final Negotiation Stage; Denza N8 Unveils All-New Smart Cockpit with 1.1-Meter Horizon Display and 30-Inch Mega Screen; Tesla Updates FSD Supervised Support List, Removes China; 2027 BMW i3 Touring Spy Shots Emerge at Nürburgring: 108.7 kWh Battery, ~885 km WLTP Range