Tesla is seeking a stake in the soon-to-be spun off battery unit of South Korea’s LG Chem, The Korea Times reported. Tesla is looking at taking up to a 10% stake in the new spinoff, called LG Energy Solution, as it seeks to lock in key supplies. Tesla operates its Gigafactory in Nevada with Panasonic, the Japanese elecrtronics conglomerate, for batteries in the U.S. In China, it has...
Tesla Seeks To Buy Stake in South Korean Battery Supplier LG Chem
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