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 shifts $1.5bn order to LG’s Michigan battery plant after GM exits
Toyota Motor has agreed to redirect a $1.5bn order to LG Energy Solution (LGES) to support operations at the Ultium Cells battery cell plant in Lansing, Michigan in the US, reported Bloomberg citing people familiar with the matter.
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.
Toyota confirms order for EV batteries from Ultium Cells plant in Delta Township
GM said in December it would sell back its investment in the $2.6 billion Ultium Cells plant in Delta Township, making way for other automakers.
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 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.
GM abandons Michigan battery factory–and 1,700 jobs–Toyota saves Ultium with $1.5B investment
General Motors sure pulled a fast one on Michigan. In 2022, when EVs were riding high and Biden was in office, GM and LG Energy Solution announced a $2.6 billion Ultium cells battery factory in Lansing. GM soaked up the good press, bragging about “strengthening our Michigan and U.S. manufacturing presence” and promising 1,700 new jobs.
Toyota shifts $1.5B order to LG battery plant in Lansing
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 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.
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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 ...
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Toyota and GM: A New Chapter in Battery Production
Toyota Motor will transfer its order for vehicle batteries from LG Energy Solution to a Michigan plant that General Motors is ...