Overview
- South Korean outlets report a three-year arrangement worth just over 3 trillion won (about $2.11 billion) for batteries used in Tesla’s Megapack and Powerwall products.
- Samsung SDI issued a statement that nothing has been finalized, and Tesla has not responded to requests for comment.
- Production is reported to come from Samsung SDI’s joint venture plant with Stellantis in Indiana, which is under construction.
- Samsung SDI has announced plans to repurpose part of the Indiana facility’s EV lines for energy storage cells, targeting about 30 GWh of ESS capacity by the end of next year.
- Some reports cite roughly 10 GWh per year allocated to Tesla and conversions of LFP lines for ESS, details that remain unconfirmed.