LG Energy Solution will supply 46-series NCM cylindrical battery cells to Massachusetts-based Indigo Technologies from 2027 to 2030 under a non-binding memorandum of understanding.

The South Korean battery manufacturer and the US electric light commercial vehicle (LCV) start-up confirmed the agreement covers IndiGOtech's Flow Ride ride-hailing van and Flow Cargo delivery van programs. The MoU sets out a path toward a final supply contract but carries no legal commitment on volumes, pricing, or sourcing location.

IndiGOtech develops electrified platforms for commercial vans aimed at the North American market. The company bundles vehicles, charging infrastructure, and digital services under a Transportation-as-a-Service (TaaS) model. It has not disclosed a manufacturing site, annual volume target, contract assembler, or vehicle launch date.

What does the MoU cover?

• Cell format: 46-series NCM cylindrical
• Supply window: 2027 to 2030
• Target vehicles: Flow Ride, Flow Cargo
• Scope: vehicle-battery integration, performance verification, joint business development
• Status: non-binding; final agreement pending

IndiGOtech chairman and CEO Will Graylin framed the partnership as a response to gaps in dense urban charging access. "Urban ride-hailing and delivery must electrify and automate at scale, but today's electric vehicles are not designed for purpose, and are severely limited by local charging infrastructure – that is why the vast majority of rides and deliveries are still driven by gas vehicles," he said.

"Working toward a long-term relationship with LGES brings together advanced battery technology for a durable economic advantage for vehicles, drivers and fleet operators," Graylin added.

LGES's head of Mobility & IT Battery Marketing, Sunghwan Oh, said the cell maker would bring its 46-series chemistry to bear. "Based on LGES's 46-series NCM cylindrical battery technology that boasts high energy density and rapid charging capabilities, we will closely collaborate with IndiGOtech, which is successfully building the Transportation-as-a-Service ecosystem in the US," Oh said.

Oh added: "Leveraging this partnership, we plan to enter the diverse commercial vehicle market in the US, including logistics, last-mile delivery, and ride-hailing."

Confirmed plan or stated intention?

Both companies describe the MoU as exploratory. Cell volumes, dollar value, and the specific LGES plant that will fill any order remain undefined. The cell format and 2027-2030 window are the only confirmed commercial anchors at this stage.

For IndiGOtech, the challenge is converting cell supply into a manufacturable vehicle program. The start-up's commercial van position places it in a North American e-LCV segment targeted by established OEMs, though it has not named rivals, benchmark products, or a pilot fleet publicly.

What TaaS means in practice

IndiGOtech's Transportation-as-a-Service pitch packages the vehicle, charging hardware, and software into a single offering for fleet operators. Graylin's remarks tie this directly to ride-hailing and last-mile delivery use cases. The MoU's stated focus on range and charging-time optimization speaks to those operating profiles.

If the partnership converts to a binding deal, LGES gains a US commercial-vehicle reference customer for its 46-series cylindrical cells. IndiGOtech, meanwhile, secures a Tier 1 cell partner with scale, a critical proof point for any start-up still working toward a manufacturing footprint.

What to watch next

• Conversion of the MoU into a binding supply contract with defined volumes
• IndiGOtech's first manufacturing footprint announcement (plant, contract assembler, start-of-production)
• Launch timing for Flow Ride and Flow Cargo
• Definition of the vehicle-battery integration scope and performance targets
• Pilot deployments or TaaS fleet partner announcements