LG Energy Solution signs 5-year battery supply deal with Rivian


Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024. REUTERS/Kim Hong-Ji/File Photo

SEOUL (Reuters) - South Korea's LG Energy Solution on Friday said its subsidiary LG Energy Solution Arizona has signed a battery supply agreement with U.S.-based automotive manufacturer Rivian.

Under the agreement, LGES, which supplies Tesla, General Motors and Hyundai Motor, will provide Rivian with its advanced 4695 cylindrical batteries for over five years, totaling 67 GWh, the company said in a statement.

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