Applications: EV

New Alliances, Partnerships, Investments by OEMs into Battery Suppliers OEM / Partner / Buyer

Agreement type

Deal / Partnership / Consolidation Type

What It Means / Why It's Relevant

Supply agreement

SK On agreed to supply Nissan with 100GWh of batteries from US battery plants starting in 2028 through 2033 to support EV production in Mississippi.

Deduce tariff risk, reduce dependency on Chinese made batteries and meet policies that support domestic manufacturing.

Joint venture

$2.5 billion joint venture to build a battery cell and module factory in Indiana

Strategic domestic battery sourcing for next-gen passenger EVs

Supply agreement

Long-term battery supply agreement US/global EV programs) including recycling

Traditional OEMs favor strategic suppliers over spot sourcing, reinforcing supplier consolidation around Tier-1 battery leaders.

Technology partnership

GM and LGES announced plans to jointly develop EV batteries using new lithium manganese rich LMR) cathodes.

OEMs are diversifying cathode chemistry, especially with China-free supply chains, and developing next-gen battery tech that use cheaper materials.

Battery-tech development agreement

Collaboration on cathode materials for new battery technology (all solid state batteries)

Upstream integration into materials for next-gen technologies

Note: Ford and SK ON ended battery partnership in December 2025.

Source: 1 Nissan + SK On 2 Stellantis + Samsung 3Toyota + LG 4 GM LGES 5 Toyota + Sumitomo

Extracted from the PDF; charts and images may read imperfectly.