# 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).

- Type: Contract
- Announced: 2021-11-09
- Where: United States
- Value: $367.0M
- Status: announced
- Products: lithium-ion battery electrolyte
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [General Motors](https://endata.com/companies/4654.md) (partner)
- [LG Energy Solution](https://endata.com/companies/11181.md) (partner)
- [Ultium Cells](https://endata.com/companies/12110.md) (customer)
- [New Zebang](https://endata.com/companies/58976.md) (supplier)

## Sources

- [news.metal.com](https://news.metal.com/es/newscontent/101663783-2345-billion-yuan-new-zebang-wins-electrolyte-list-of-lg-new-energy-and-general-motors-joint-venture-company), 2021-11-12: "The signing of this contract marks the company's positive progress in developing overseas markets for lithium-ion battery electrolyte products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.