Aptera Secures Battery Supply Pact with LG Energy

Jan 13, 2025 02:52 PM ET
  • Aptera Motors teams up with LG Energy Solution and CTNS to power its revolutionary solar EV with cutting-edge batteries, promising a future of sustainable driving!

Aptera Motors Corp, a US solar electric vehicle (EV) start-up, has signed a memorandum of understanding with South Korean firms LG Energy Solution and CTNS Co. for battery supply. The agreement, announced at CES 2025, involves LG Energy supplying 4.4 GWh of cylindrical battery cells between 2025 and 2031 for Aptera's solar EV, set to launch in the US in 2025. CTNS will utilize these cells to create customized battery modules and packs for Aptera.

Chris Anthony, co-CEO of Aptera, emphasized that this partnership marks a crucial step in delivering reliable solar EVs to consumers. At CES 2025, Aptera showcased its production-ready vehicle, highlighting its design to reduce the need for charging during daily use.

How will Aptera’s partnership with LG Energy and CTNS impact solar EV production?

  • Increased Battery Capacity: The partnership with LG Energy Solution ensures Aptera has access to a significant supply of cylindrical battery cells, amounting to 4.4 GWh. This increased capacity is expected to enhance the performance and range of Aptera's solar EVs, enabling them to harness solar energy more efficiently and reduce reliance on traditional charging.
  • Customized Battery Solutions: With CTNS Co. involved in the project, Aptera will benefit from tailored battery modules and packs. This customization allows Aptera to integrate battery technology that optimally complements the design and functionality of their solar EVs, potentially improving efficiency and driving experience.
  • Innovative Technology Development: The collaboration with two prominent firms not only boosts production capabilities but also fosters innovation. The combined expertise of LG Energy and CTNS can lead to advanced battery technologies, ensuring that Aptera remains at the forefront of solar EV advancements.
  • Sustainable Manufacturing Practices: Both LG Energy and CTNS are known for their commitment to sustainability. Their involvement in Aptera's production is likely to promote environmentally-friendly manufacturing processes, aligning with Aptera’s vision of producing clean transportation solutions.
  • Market Readiness and Competitive Edge: With a reliable battery supply chain in place, Aptera can focus on bringing its solar EV to market quicker and more efficiently. This readiness could give Aptera a competitive advantage in a rapidly evolving EV market increasingly focused on sustainable technologies.
  • Enhanced Consumer Confidence: The backing of established companies like LG Energy and CTNS can boost consumer confidence in Aptera’s products. A known and trusted battery supplier can alleviate concerns around battery longevity and performance for potential buyers.
  • Growth Potential in the Solar EV Sector: This partnership signifies a robust step forward for the solar EV market, which is still in its infancy. By positioning itself with compatible technology partners, Aptera could inspire further investments and interest in solar-powered transportation, potentially influencing the broader EV industry.
  • Potential for Future Collaborations: As Aptera develops its solar EV technology, the relationship with LG Energy and CTNS could pave the way for future collaborations and innovations within the industry, encouraging further advancements in battery technology and renewable energy integration.
  • Implications for Renewable Energy: This partnership aligns with the growing necessity for renewable energy solutions, particularly in the transportation sector. As Aptera's solar EVs hit the market, they could further drive public interest in solar technology, contributing to a broader shift towards renewable energy adoption.