Industry
Top Material to supply LFP production line to Turkish battery company
Top Material will supply a lithium iron phosphate (LFP) battery production line to Turkish battery company Aspilsan Enerji. The company said on April 6 it signed a turnkey supply contract with Aspilsan Enerji to build an LFP battery cell manufacturing line. The contract is worth about 7.9 billion won ($5.2 million). Aspilsan supplies batteries for drones and energy storage systems with Turkish government support, and the two sides agreed to expand cooperation for entry into the European market.
