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LG Energy Solution signs 5-year battery supply deal with Rivian

11/07/2024

Less than a minute

2024.11.07 18:51

© Reuters. Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024. REUTERS/Kim Hong-Ji/File Photo

SEOUL (Reuters) – South Korea’s LG Energy Solution on Friday said its subsidiary LG Energy Solution Arizona has signed a battery supply agreement with U.S.-based automotive manufacturer Rivian (NASDAQ:).

Under the agreement, it will provide Rivian with its advanced 4695 cylindrical batteries for over five years, totaling 67 GWh, the company said in a statement.

11/07/2024

Less than a minute

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