Toyota, EV and LG plant

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 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 completes EV battery plant in US
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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’s first EV battery plant in the US is ready for business, but there’s more
After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to begin production and will start shipping batteries for North American electrified vehicles in April.”
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,
EV battery company Akasol to lay off 188 metro Detroit workers
Akasol, a wholly owned subsidiary of auto supplier BorgWarner Inc., will close two locations and shed 188 workers by April ...
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EV Battery Component Maker Cancels $325M Georgia Plant
Manufacturer Aspen Aerogels Inc. canceled plans to construct a $325-million plant in Statesboro, Ga., it told investors Feb. 12. Donald Young, CEO of the Northborough, Mass.-based company, says it ...
Tracking the EV battery factory construction boom across North America
Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...
EV battery pack developer Ionetic opens UK pilot production plant
British startup Ionetic, which develops electric vehicle battery packs for low-volume automakers, has launched production at a UK pilot plant as it scales up for projects with manufacturers, the ...
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Construction begins on $500M EV battery plant in Jefferson Parish, first of its kind in US
Company leaders say the project will decrease U.S. reliance on Chinese imports for EV battery ingredients and semiconductors ...
Honda's EV investment in existing plants surpasses $1B
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Stellantis to make hybrid vehicle parts at Termoli plant earmarked for EV batteries
Stellantis said on Monday it would make dual-clutch transmissions for hybrid vehicles at its Termoli plant in Southern Italy, ...