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LG Energy Solution Opens Talks to Supply 46-Series Cylindrical Cells to U.S. Electric Van Maker indiGOtech

LG Energy Solution Opens Talks to Supply 46-Series Cylindrical Cells to U.S. Electric Van Maker indiGOtech

South Korean battery producer LG Energy Solution has taken an early step toward equipping a Massachusetts-based commercial EV startup with its cylindrical cells. The two sides have put their names to a non-binding memorandum of understanding that sets the stage for deeper cooperation on battery supply and engineering, according to an announcement reported by Charged EVs.

At the center of the discussions is LG’s 46-series NCM cylindrical cell format, which would be destined for indiGOtech’s forthcoming commercial electric vans. If the talks mature into a binding contract, the Korean manufacturer would deliver the cells across a four-year window running from 2027 through 2030. IndiGOtech, headquartered in Woburn, Massachusetts, is a relatively young entrant focused on fleet-oriented electric vans rather than consumer passenger cars.

An MoU of this kind is not a purchase order; it is a framework the parties use to evaluate technical fit, volumes and commercial terms before committing. That distinction matters for readers watching the commercial EV segment, where several startups have announced supply tie-ups that later shifted in scope or timing. Until a definitive agreement is signed, neither the annual volumes nor the pricing attached to any eventual deal have been made public.

For LG Energy Solution, the arrangement represents another outlet for its 46-series cylindrical line, a format the company has been positioning across multiple vehicle categories as demand for larger-format cylindrical cells grows. Landing supply deals with commercial vehicle makers lets cell producers diversify beyond the passenger EV market, which has shown uneven growth in several regions.

For indiGOtech, securing a major cell supplier early would help de-risk a production ramp that is still years away. The company has not disclosed which vehicle models would receive the cells first, how many units it intends to build, or where assembly would take place. Those details are likely to be resolved only if the MoU converts into a firm supply contract.

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