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LG says it’s in talks with Tesla to supply batteries from Arizona factory

By:
Reuters
Updated: Jan 27, 2023, 03:07 UTC

SAN FRANCISCO/SEOUL (Reuters) - LG Energy Solution said on Friday it is in "active discussions" with Tesla and electric vehicle startups to supply batteries from the supplier's proposed Arizona factory in the United States, without elaborating further.

An employee walks past the logo of LG Energy Solution at its office building in Seoul

SAN FRANCISCO/SEOUL (Reuters) – LG Energy Solution said on Friday it is in “active discussions” with Tesla and electric vehicle startups to supply batteries from the supplier’s proposed Arizona factory in the United States, without elaborating further.

LG Energy Solution, which currently supplies batteries to Tesla in China, said it is reviewing investments in building the new battery factory in Arizona. The comments were made during a conference call.

(Reporting by Hyunjoo Jin and Heekyong Yang; Editing by Tom Hogue)

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