Freudenberg e-Power Systems, LG Energy Solution Sign Long-Term Supply Partnership

Freudenberg e-Power Systems, LG Energy Sign Supply Partnership

The long-term partnership covers the supply of lithium-ion battery cell modules.

Freudenberg e-Power Systems and LG Energy Solution have signed a multi-year contract for the supply of lithium-ion battery cell modules. With a total capacity of 19 GWh, Freudenberg is expanding its capacities to meet rising demand and ensure the best possible supply for its customers in commercial vehicle applications, such as trucks and buses in North America and Europe.

The signing of the contract marks an important milestone for both companies in the further expansion of sustainable electric drives in the demanding field of commercial vehicles. The partnership covers the supply of lithium-ion battery cell modules, whose properties make them particularly suitable for use in commercial vehicles. For a commercial vehicle, for example, the battery has to withstand a much higher energy throughput, which can be up to 11 times that of a passenger car. The battery cell modules supplied by LGES are integrated by Freudenberg e-Power Systems in their battery packs, offering their customers in the truck and bus sector fully engineered drive solutions including intelligent battery management systems, cooling, telematics and all other relevant elements. The battery cell modules will be assembled at Freudenberg e-Power Systems’ XALT gigafactory in Midland, Michigan, USA. With the recent acquisition of XALT by Freudenberg e-Power Systems, the company says it is making a multi-million-dollar investment in the expansion of its battery business and its capacities.  

Leveraging its extensive experience in battery manufacturing, LGES has been expanding its battery business into the commercial vehicle sector. Based on the partnership with Freudenberg, the company now intends to drive its commercial vehicle battery business in North America and Europe.

An official signing ceremony was held in Seoul, South Korea. In attendance: Injae Pahk, head of OTS Marketing Department; Yoo-Seong Oh, vice president and head of Marketing Center; Dong-Myung Kim, president of LGES Advanced Automotive Battery Division, as well as Nils Martens, chief commercial officer; Dr. Jan Kuiken, chief technology officer; and Marco Piesik, senior vice president of Market Development & Communications from Freudenberg e-Power Systems (from left to right).

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