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LG Energy Solution Signs Supply Agreement with Chery Automobile for 46-Series Batteries — “First large-scale order from a Chinese automaker”
2025.06.16
    ■ Total of 8GWh over six years; to be installed in Chery’s key vehicle models
    ■ Recognized for technological competitiveness and global supply capability of the new 46-series form factor
    - Provides customized solutions reflecting European seasonal characteristics such as superior low-temperature performance
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LG Energy Solution will supply its new form factor cylindrical battery, the 46-series, to Chinese automaker Chery Automobile.


On the 16th, LG Energy Solution announced that it has signed a six-year supply agreement with Chery Automobile for a total of 8GWh of 46-series batteries.


Full-scale supply will begin early next year, and the batteries will be installed in Chery’s main EV models. The 8GWh capacity is equivalent to approximately 120,000 electric vehicles.


The two companies also agreed to actively discuss additional projects to expand cooperation to other EV models within the Chery Group.


■ LG Energy Solution proves technological leadership by entering China with the 46-series

LG Energy Solution has become the first Korean battery manufacturer to supply cylindrical batteries on a large scale to a Chinese automaker.


Following contracts with automakers such as Rivian, LG Energy Solution has now secured a Chinese automaker—traditionally favoring domestic suppliers—as a customer, once again demonstrating the unrivaled technological leadership and global supply capability of its new 46-series batteries.


Compared to conventional cylindrical batteries, the 46-series offers at least five times higher energy capacity and output, along with excellent production efficiency, significantly improving EV range and performance.

It also provides faster charging/discharging speeds and superior thermal management, making it a new paradigm in the EV battery market.


In particular, this contract holds great significance as LG Energy Solution’s proprietary NCM-based 46-series solution—superior to LFP (lithium iron phosphate) batteries in low-temperature output and charging efficiency—was recognized for its higher energy capacity and driving range advantages.


LG Energy Solution CEO Dong-Myung Kim said, “Only differentiated customer value based on unrivaled technological leadership can overcome the chasm in the EV market and serve as the foundation for leading the upcoming supercycle.

This supply agreement with Chery is highly meaningful, and we will use it as a steppingstone to further expand global orders for the new 46-series form factor and secure a dominant market position.”


Meanwhile, LG Energy Solution continues to invest aggressively in the 46-series and expand cooperation with major global automakers. In November, the company signed a large-scale supply contract for the 46-series with U.S. EV startup Rivian.


Earlier this year, at INTERBATTERY 2025, Korea’s largest battery industry exhibition, LG Energy Solution unveiled its new 46-series cylindrical battery and its CAS (Cell Array Structure) module and pack solution, which maximizes performance and enhances safety. (End)


(AI-assisted translation for informational purposes.)