<ul data-eligibleForWebStory="true"><li>LG Energy Solution has established a new facility in Holland, Michigan, to produce LFP batteries at scale for energy storage systems.</li><li>The $1.4-billion plant is expected to have an annual production capacity of 16.5 GWh and may employ up to 1,700 people.</li><li>LG Energy Solution will also produce NMC cells and modules for the Ford Mustang Mach-E at the Holland facility.</li><li>Tesla is close to completing its own LFP battery manufacturing facility near Gigafactory Nevada, with an initial focus on stationary storage products like Powerwall and Megapack.</li></ul>

LG Energy Solution, Tesla build LFP battery plants in the US

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