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 Motor will transfer its order for vehicle batteries from LG Energy Solution to a Michigan plant that General Motors is ...
Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...
In the new Marshall plant agreement, the state cut the $210 million Critical Industry Program grant to $141 million. Like the ...
Scientists at San Jose State University say that a large fire that burned at a battery plant in Monterrey County, California earlier this month has left heightened levels of heavy metals in a ...
RELATED: As world’s largest EV battery manufacturing site takes shape ... In addition to Volkswagen, workers at the Ultium plant in Spring Hill, Tennessee voted last year to unionize. Almost all ...
The new Vianode plant will be located in either the U.S. or Canada, and is expected to be situated near an Ultium Cell battery production facility. “The entire EV ecosystem depends upon the ...
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