LG Energy Solution supplies 50,000 batteries for electric commercial vehicles to the U.S
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hoondork@alphabiz.co.kr | 2023-02-02 08:04:43
[Alpha Biz=(Chicago) Reporter Paul Lee] LG Energy Solutions is set to enter into a large-scale battery supply contract in the field of electric commercial vehicles (buses, trucks, etc.) that are expected to grow rapidly in the future.
On the 2nd, LG Energy Solutions announced that it has signed a long-term supply contract for electric vehicle battery modules with Freudenberg E-Power Systems (FEPS), which manufactures and sells BMS (Battery Management System) and battery packs targeting North American and European markets.
With this contract, LG Energy Solution decided to supply 19GWh 'Battery Module' to FEPS from next year. This is the amount that can produce more than 50,000 high-performance commercial vehicles (270,000 high-performance electric vehicles).
FEPS was launched in 2018 by acquiring Xalt Energy, a North American pouch cell development and BMS· pack manufacturing and sales company. It operates a giga factory for assembling packs and modules in Midland, Michigan, USA.
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