A Tesla Model Y is displayed at the AI+Expo Special Competitive Studies Project in Washington on June 2, 2025. Madalina Vasiliu/The Epoch Times
The U.S. government has confirmed that Tesla and South Korea’s LG Energy Solution have signed a supply agreement to build a $4.3 billion lithium iron phosphate (LFP) battery cell factory in Michigan.
The project, to be located in Lansing, is expected to begin production in 2027, according to a March 16 statement by the U.S. Department of the Interior.
