In Pictures: NeoVolta and SK On Sign Five-Year US LFP Battery Cell and BESS Manufacturing Deal

NeoVolta's five-year SK On deal covers 9 GWh of US-manufactured LFP battery cells, with room to double under a second-phase framework.

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The agreement runs from 2027 to 2031, anchoring domestic LFP cell supply for NeoVolta's energy storage systems.

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SK On will also purchase NeoVolta energy storage packs, deepening the partnership beyond cell supply.

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The collaboration could support up to 18 GWh of combined activity across utility, commercial and industrial storage markets.

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Growing demand from AI data centers is a key driver behind the push to secure US-made LFP capacity.

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The deal strengthens the domestic battery supply chain as US energy storage demand accelerates.

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Manufacturing workers stand to benefit as NeoVolta and SK On scale up US battery production.

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NeoVolta's energy storage packs target utility, commercial, industrial and data-center applications.

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The five-year commitment gives NeoVolta a predictable supply of LFP cells through 2031.

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