LG Secures Major Order for Chery's 46-Series Cylindrical Batteries

Published: Jun 17, 2025 09:13

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[LG Energy Solution Secures 46-Series Large Cylindrical Battery Orders from Chery]
On June 16, it was reported by Yonhap News that LG Energy Solution, a South Korean battery producer, announced it had signed a six-year supply agreement for 46-series large cylindrical batteries with Chery Automobile, a Chinese vehicle manufacturer. This marks the first time a South Korean battery producer has signed a cylindrical battery supply contract with a Chinese vehicle manufacturer.
According to the agreement, LG Energy Solution will supply 46-series large cylindrical batteries to Chery Automobile, with an order volume of 8 GWh, capable of meeting the loading needs of approximately 120,000 EVs. Although the contract value has not been disclosed, industry experts estimate that it may exceed 1 trillion won (approximately 5.252 billion yuan at the current exchange rate).

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