Industry
SK On to produce LFP batteries at Georgia plant for 5 years, expects higher utilisation
SK On has secured a long-term customer in the U.S. energy storage market after signing a battery cell supply agreement with U.S. ESS company Neovolta Power. Under the contract, SK On will supply 9 GWh of LFP pouch battery cells over 2027-2031, produced at its Georgia plant. The companies are also considering a separate deal for an additional 9 GWh, potentially lifting total cooperation to 18 GWh.
