New Zebang signs $367 million electrolyte supply deal with Ultium Cells

New Zebang signed a supply contract with Ultium Cells, a joint venture between LG Energy Solution and General Motors, to supply lithium-ion battery electrolyte products from November 9, 2021 to the end of 2025. The contract value is $367 million (approximately 2.345 billion yuan).

“The signing of this contract marks the company's positive progress in developing overseas markets for lithium-ion battery electrolyte products.”news.metal.com

• 1 source
• news.metal.com2.345 billion yuan! New Zebang wins electrolyte list of LG New Energy and General Motors Joint Venture Company - Shanghai Metals Market (SMM)Battery netNov 12, 2021

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