[Samsung SDI and LGES to Set Up LFP Battery Production Lines in the US]
Recently, Samsung SDI and General Motors have agreed to introduce a production line for LFP batteries for EVs at their joint venture plant in Indiana by 2027. Initially, the plant was only planned to produce ternary lithium batteries with a nickel content exceeding 80%, but now it will produce both types. LGES also intends to convert part of its Tennessee plant, a joint venture with GM, into an LFP battery production line by region. The plant was completed in 2024 and currently only has a production line for ternary lithium batteries.