SEOUL -- South Korea's LG Energy Solution has signed a contract to supply lithium iron phosphate batteries for energy storage systems (ESS) worth 5.94 trillion won ($4.27 billion) to an undisclosed customer, the company announced Wednesday.
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LG Energy Solution signs $4.3bn battery contract, reportedly with Tesla
South Korean company shifts focus to energy storage batteries for North America
LG Energy Solution is pivoting to data center batteries as demand for EV batteries slows. (Photo by Ahn Seong-bok)
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