LG Energy Solution Signs MoU to Explore 46-Series Cell Supply for indiGOtech EVs

LG Energy Solution has signed a non-binding memorandum of understanding with commercial EV startup indiGOtech to explore battery supply and technical collaboration for the company’s upcoming vehicle lineup.

What Happened

The agreement involves LG Energy Solution potentially supplying 46-series NCM cylindrical cells to indiGOtech between 2027 and 2030. These cells are intended for the Woburn, Massachusetts-based startup’s Flow Ride, a vehicle designed for ride-hailing, and the Flow Cargo, a Class 1 cargo van. The partners plan to conduct joint vehicle-battery integration and performance verification work, with the goal of reviewing methods to extend driving range and reduce charging times.

Why It Matters

This partnership signals LG Energy Solution’s intent to penetrate the US commercial vehicle market, specifically targeting logistics, last-mile delivery, and ride-hailing sectors. indiGOtech Chairman and CEO Will Graylin stated that most urban ride-hail trips and deliveries currently rely on gas vehicles because existing EVs are not designed for this work and face severe limitations from local charging infrastructure. While indiGOtech’s current product pages list an LFP battery of 80–100 kWh with a range of more than 200 miles for both models, the announcement did not provide pack capacity or range figures for the proposed NCM cells. LG Energy Solution reported that its cylindrical battery shipments increased by 1.5 times year on year as of the second quarter of 2026, driven by mass production and expanded deliveries of 46-series cells.

The Bottom Line

The MoU represents an exploratory step toward a final agreement, with no binding supply commitment yet in place. LG Energy Solution’s Mobility & IT Battery Marketing Group Leader, Sunghwan Oh, confirmed the company plans to leverage this partnership to enter the diverse US commercial vehicle market.