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LG says it’s in talks with Tesla to supply batteries from Arizona factory

LG says it's in talks with Tesla to supply batteries from Arizona factory
An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. Picture taken November 23, 2021. REUTERS/Kim Hong-Ji

By Hyunjoo Jin and Heekyong Yang

SAN FRANCISCO/SEOUL (Reuters) – LG Energy Solution said on Friday it is in “active discussions” with Tesla and electric vehicle startups to supply batteries from the supplier’s proposed Arizona factory in the United States, without elaborating further.

LG Energy Solution, which currently supplies batteries to Tesla in China, said it is reviewing investments in building the new battery factory in Arizona. The comments were made during a conference call.