Energy Storage News 18 March 2026

LG Energy Solution’s US$4.3 billion agreement with Tesla, and LFP manufacturing with GM

LG Energy Solution’s US$4.3 billion agreement with Tesla, and LFP manufacturing with GM

Why It Matters for ITAD

New technologies may create opportunities or challenges for equipment processing.

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.

Key Takeaways

  • LG Energy Solution’s US$4.3 billion agreement with Tesla, and LFP manufacturing with GM.

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