Toyota, LG

Toyota Is Backing LG Battery Plant With $1.5 Billion Order
Toyota Motor Corp. has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors Co. backed out of the project, according to people familiar with the matter.
Toyota Comes To LG Battery's Aid After GM Backs Out
As electric vehicle sales fell behind expectations, the American automaker announced back in December that it was selling off its stake in the joint-venture LG battery factory located in Lansing, Michigan. GM’s share of this facility is worth $1 billion.
Toyota to transfer LG Energy battery order to Michigan plant
Toyota Motor has agreed to transfer its order for LG Energy Solution vehicle batteries to a Michigan plant that General Motors is exiting, the Japanese automaker confirmed Tuesday. GM in December said it would sell its stake in the plant,
Toyota could become main customer for LGES battery factory in Michigan
Now that General Motors has sold its stake in the almost completed battery cell factory in Lansing to its joint venture partner LG Energy Solution, there is a
LG To Manufacture Batteries For Toyota At Former Ultium Lansing Plant
LG Energy Solution is teaming up with Toyota to use the former Ultium Lansing battery plant to build high-nickel NCMA battery modules for future Toyota EVs.
EV battery manufacturing capacity will rise when 10 plants come online this year
If they all open in 2025, the country’s EV battery manufacturing capacity is poised to grow to 421.5 gigawatt-hours per year, an increase of 90 percent from the end of 2024, according to Benchmark Mineral Intelligence, the United Kingdom-based research firm.
Toyota steps in, spends $1.5B for Michigan battery factory with LG
Toyota plans to shift a $1.5 billion order to an LG Energy Solution battery factory in Michigan to help keep it afloat after General Motors backed out of the project, Automotive News reported Wednesday.
Toyota steps in to support Michigan EV battery plant with $1.5B order after GM backs out
In a turn of events, Toyota is stepping in to support LG Energy Solution’s EV battery plant in Michigan. Toyota reportedly placed a $1.5 billion order to boost operations at the facility after GM backed out. GM reached a non-binding agreement with LG in December to sell its stake in their planned EV battery plant in Lansing, Michigan.
Toyota Aids LG Battery Plant With $1.5 Billion Order
Toyota has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors backed out of the project.
Toyota is backing LG battery plant with US$1.5 billion order
TOYOTA Motor has agreed to shift a US$1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors (GM) backed out of the project, according to sources familiar with the matter.
Green Car Reports2d
Toyota expects half its new car sales to be electrified in 2025
Hybrids alone might still top 50% of Toyota's U.S. sales for the year as it starts to get hybrid batteries from North ...
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Toyota reveals specifications for its new Urban Cruiser SUV
Toyota has revealed specifications for its upcoming Urban Cruiser electric SUV.The model will come with a choice of three trim levels and the option of 49kWh and 61kWh battery packs – although their ...