LG Energy Solution, indiGOtech Sign MoU for 46-Series EV Batteries
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Seoul – September 30, 2026 -- LG Energy Solution has signed a non-binding memorandum of understanding with U.S. commercial EV startup indiGOtech to supply 46-series NCM cylindrical battery cells from 2027 to 2030, targeting indiGOtech's upcoming Flow Ride and Flow Cargo electric vans.
Deal targets commercial van platforms for logistics and ride-hailing
indiGOtech, headquartered in Woburn, Massachusetts, builds an integrated ecosystem combining electric commercial vans, charging infrastructure, and digital fleet services for the North American market. The battery supply agreement would underpin the company's Flow Ride and Flow Cargo vehicle lines, aimed at last-mile delivery, logistics, and ride-hailing fleets.