Tesla, LG to build $4.3B battery plant as part of supply agreement
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Tesla and LG Energy Solution have agreed to build a $4.3 billion manufacturing facility in Lansing, Michigan, to produce lithium-iron-phosphate cells for Tesla's Megapack 3 utility-scale energy storage systems, according to the U.S. Department of the Interior. Production at the facility is scheduled to begin in 2027, the agency said in a press release. ...