Featured image: tesla-club.ru
LG will begin producing batteries for Tesla later this year at its Korean plant, due to increased demand for the company's electric vehicles.
On July 3, Reuters announced that South Korean LG Chem plans to start producing batteries for Tesla cars at its domestic plant this year after the auto manufacturer raised orders to cope with demand.
“Tesla is asking not only LG Chem but other suppliers to increase supplies, as its cars are selling well,” the person told Reuters. Another source also said LG Chem is converting some of its production in South Korea to produce batteries for Tesla.
This news came right after Tesla changed plans for its Giga Berlin, which will no longer produce batteries. Nevertheless, the factory will produce cars for the European market that will need batteries, so it is quite natural that a supplier is needed. The information on Tesla’s agreement with the Korean LG Chem gives us some idea of where the batteries for the cars made there might come from.