LG says it’s in talks with Tesla to supply batteries from Arizona factory

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SAN FRANCISCO/SEOUL (Reuters) – LG Energy Solution said on Friday it is in “active discussions” with Tesla (NASDAQ:TSLA) and electric vehicle startups to supply batteries from the supplier’s proposed Arizona factory in the United States, without elaborating further.

LG Energy Solution, which currently supplies batteries to Tesla in China, said it is reviewing investments in building the new battery factory in Arizona. The comments were made during a conference call.