Tesla battery supplier LGES confirms 4680 cell development, posts $3.7B revenue for Q4 2021

LGES told Teslarati that it is working to diversify its cylindrical battery lineup and is developing 4680 batteries. The battery manufacturer did not disclose any client-related matters, specifically regarding 4680 batteries. However, the Korean battery supplier is a confirmed Tesla partner.  LGES reported a quarterly revenue of KRW 4.44 trillion ($3.7 billion), up 10.2% from the previous … Continue reading Tesla battery supplier LGES confirms 4680 cell development, posts $3.7B revenue for Q4 2021