With LG Energy Solution's stock soaring, which under-the-radar battery suppliers could be the next breakout plays?

**LG Energy Solution's recent developments highlight its strategic importance in the battery sector**, and its stock performance reflects investor confidence in its growth potential. As the company continues to expand and secure major contracts, including the $4.3 billion deal with Tesla, it is likely that under-the-radar suppliers with strong fundamentals and innovative technologies could emerge as breakout plays. Here are some factors to consider when evaluating potential breakout suppliers:

1. **Innovative Technology and Product Portfolio**: Companies with a strong focus on research and development (R&D) and a diverse product portfolio, including next-generation technologies like solid-state batteries, are well-positioned to capitalize on evolving market demands.
2. **Strategic Partnerships and Joint Ventures**: Partnerships with major automakers and battery recycling companies can enhance operational efficiency, reduce costs, and improve access to cutting-edge technologies.
3. **Geographical Expansion and Production Scale**: Suppliers with a global presence and significant production scale, like LG Energy Solution, are better equipped to meet international demand and withstand competitive pressures.
4. **Financial Health and Market Position**: Companies with a strong financial foundation, a solid market position, and a track record of performance are more likely to attract investment and capitalize on growth opportunities.

Given these criteria, while specific under-the-radar suppliers remain unidentified, **investors might consider exploring companies like Verkor, Powerco, SVOLT Energy Technology, SK On, CALB, and Microvast**, which are noted as alternatives and competitors to LG Energy Solution. These firms may offer unique value propositions and could potentially emerge as breakout plays in the evolving battery market.