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Benzinga
Benzinga
Technology
Rachit Vats

Tesla's Most Advanced EV Battery To Be Mass-Produced By South Korean Giant With $450M Investment

South Korea LG Energy Nasdaq Tesla Inc.

South Korea’s LG Energy plans to invest $451 million to begin mass production of Tesla Inc’s (NASDAQ: TSLA) 4680 battery cells, Tesmanian reported on Monday, citing the battery supplier.

What Happened: LG Energy plans to begin mass production of the new battery cells next year.

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