US Confirms TeslaLG Energy Solutions $4.3 Billion LFP Battery Plant in Michigan

Date:

A Tesla Model Y is displayed at the AI+Expo Special Competitive Studies Project in Washington on June 2, 2025. Madalina Vasiliu/The Epoch TimesThe U.S. government has confirmed that Tesla and South Korea’s LG Energy Solution have signed a supply agreement to build a $4.3 billion lithium iron phosphate (LFP) battery cell factory in Michigan.The project, to be located in Lansing, is expected to begin production in 2027, according to a March 16 statement by the U.S. Department of the Interior.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Brokerage Account Versus IRA: Which One Do You Open First?

Before you invest, choosing the right account—brokerage or IRA—can...

Carmakers Draw on Pickups, Tariff Refunds, and Service Revenue Amid EV Losses

Eight versions of GM’s new generation Chevrolet Silverado pickups...

US Manufacturing Activity Holds Steady Despite Surging Costs

Workers assemble cars at Ford's Assembly Plant in Chicago,...

Spirit Airlines Shuts Down After Rescue Efforts Fall Short

A Spirit airplane at Newark Liberty International Airport in...