South Korea's LG and Samsung May Become the First to Produce Affordable LFP Batteries in the U.S.

LG Energy Solution and Samsung SDI are preparing to launch lithium iron phosphate (LFP) battery production in the United States, according to IT Home citing Korea Economic Daily.

This move is driven by rising demand from automakers for cost-effective batteries that could lower EV prices. While nickel-manganese-cobalt (NMC) batteries have long dominated the U.S. market, companies like General Motors are shifting towards LFP as a priority.

Manufacturing Plans

The Samsung SDI and GM joint venture (worth $3.5 billion) in Indiana will begin producing LFP cells in 2027.

LG Energy Solution is considering retooling its plants in Ohio and Tennessee.

Facilities initially designed for NMC production are already being adapted.

A Ford–CATL factory in Michigan was expected to begin LFP battery production in 2026, but delays and political challenges have created uncertainty.

First Movers Advantage?

If LG and Samsung accelerate their plans, they could become the first LFP battery manufacturers in the U.S., giving them a major advantage in the EV supply chain.