South Korean battery manufacturer LG Energy Solution has signed a supply contract with Chinese car manufacturer Chery for cylindrical batteries of the 46 format. The agreement covers a total capacity of eight gigawatt-hours over the span of six years. LG plans to use this volume to equip approximately 120,000 electric vehicles. The first deliveries are scheduled for early 2026.
Advantages in energy density and charging power
LGʼs 46-format cells are based on NMC chemistry, whereas the Chinese market is largely dominated by LFP cells. The companies point to advantages in terms of energy density, charging capacity, and performance at low temperatures in comparison to LFP cells. Chery plans to use the batteries in its main models. Additionally, the two companies are considering expanding their collaboration to include other vehicles. This contract marks the first large-volume delivery of cylindrical battery cells from a South Korean manufacturer to a Chinese automotive manufacturer. LG recently signed similar supply contracts with Rivian in the United States.
Sources:
https://www.lgensol.com/kr/company-newsroom-detail?seq=8680
https://cnevpost.com/2025/06/16/chery-to-use-lg-energy-solution-46-series-batteries/
