LG will start producing Tesla's advanced 4680 battery cells after successfully investing around $450 million in a production line at a South Korea-based factory. 
(Photo : Photo by David Ramos/Getty Images)
A logo sits illuminated outside the LG pavilion during the second day of the Mobile World Congress 2015 at the Fira Gran Via complex on March 3, 2015 in Barcelona, Spain. The annual Mobile World Congress hosts some of the wold's largest communication companies, with many unveiling their latest phones and wearables gadgets.
As of writing, many companies want to take advantage of the 4680 battery cell design of the giant EV maker.
When Tesla launched its advanced EV battery product, the automaker claimed that it solved many major issues, which prevented bigger Li-ion cell productions.
Tesla added that the new 4680 battery cells are more efficient and cheaper compared to other models. Now, since LG plans to mass-produce these new batteries, where will they be used for?
LG's To Produce Tesla 4680 Battery Cell
According to Electrek's latest report, LG Energy Solutions didn't confirm if it will produce the advanced 4680 battery cells for Tesla EVs.
(Photo : Photo credit should read JOSEP LAGO/AFP via Getty Images)
A man using his phone walks past the LG logo at the Mobile World Congress (MWC) in Barcelona on February 26, 2019. - Phone makers will focus on foldable screens and the introduction of blazing fast 5G wireless networks at the world's biggest mobile fair as they try to reverse a decline in sales of smartphones. (Photo by Josep LAGO / AFP)
Also Read: LG Releases a Dedicated OLED Gaming Monitor That Will Change Gaming
On the other hand, the tech giant firm also didn't specify if it would use the batteries for its own products. However, experts claimed that there's a high chance that LG will be producing these power cells for Tesla.
If you are among the interested consumers, the best thing you can do is wait for the actual announcements of LG Energy Solutions.
Previously, the company also confirmed another battery cell investment, which cost only $116 million. This effort specifically focuses on the production of 2170 battery cells at its Ochang factory in Korea.
Other Companies Producing Tesla 4680 Battery Cells
Aside from LG, Clean Technica's reported that Panasonic is also mass-producing Tesla 4680 battery cells.
Panasonic is expected to start its battery production operations as early as 2023 at the Wakayama manufacturing plant.
"A pilot line, created first in Japan, made it possible to start large-scale prototype production in May," said Panasonic Energy's CEO Kazuo Tadanobu.
If you want to see further details about Panasonic's own Tesla 4680 battery cell production, you can visit this link.
Meanwhile, the new LG 360-degree foldable smartphone screen was spotted.
Recently, LG Ergo, the company's new vertical multitasking monitor, was launched.
For more news updates about LG and its upcoming 4680 battery production, always keep your tabs open here at TechTimes.
Related Article: LG Places $1.4 Billion Into Battery Production: Increase Production in the US
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Written by: Griffin Davis
