Tesla stock rose early Wednesday. It has a new battery supplier, according to a report. Shares of the electric-vehicle maker were marginally higher, up 0.3% at $322.16, while S&P 500 and Dow Jones Industrial Average futures were up 0.

The lithium iron phosphate (LFP) batteries will be supplied from LG’s U.S. factory in Lansing, Mich., Reuters reported.

LG Energy Solution (LGES), a South Korean battery manufacturer, has signed a $4.3 billion agreement with Tesla to become the primary supplier of batteries for the electric vehicle giant’s energy storage systems.