Toyota, LG and Michigan

Toyota Orders $1.5B In Batteries From Former GM Ultium Plant In Michigan
Toyota to the rescue! This gigantic Japanese automaker is shifting a $1.5 billion battery order it had placed with LG Energy Solution from one facility to another manufacturing plant in Michigan after GM pulled out of a deal it had made with the battery supplier.
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 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 to close two Michigan plants, lay off 188 workers
An electric vehicle battery company will permanently close two of its Michigan plants in April, laying off 188 workers. Akasol, a German company that was acquired by BorgWarner in 2022, filed a notice with the state of Michigan on Feb.
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.
Torque News4d
Toyota Expert from Japan Reveals, "If You Do The Analysis Correctly, You Might Find That Cheaper Cars Are Not Always Cheaper To Own"
Here is how to think like an engineer and use life-cycle cost analysis to calculate the best way to buy a car and determine ...
TopSpeed3h
Toyota Will Sell You More Parts For Your Classic Land Cruiser And More
Toyota's GR Heritage Parts Project expands, offering new parts for classic Supras, AE86 Corolla, and Land Cruisers, available ...
New Atlas9d
Toyota-based SkyDrive aims Japanese flying car at daily driving masses
SkyDrive has long taken a leadership role in Japan's nascent eVTOL industry with sights on eventually making its flying cars ...
Toyota’s GR Supercar With 900HP V8 Could Drop This Summer
Whether you call it the Lexus LFR or the Toyota GR GT3, the supercar will be the wildest and most powerful production ...
From Japan, a Hard Lesson About a Weak Currency
Though it recovered in the second half of the year, Japan’s economy barely grew in 2024 as a depreciated yen fueled inflation ...
cryptonews10d
Toyota to Issue First Blockchain-Powered Security Token Bonds
The Toyota Group’s financial arm is set to issue its first blockchain technology-powered security token bond next month. Find ...
Toyota’s Third-Generation Hydrogen Fuel Cell Promises More Range
According to the auto giant, the third-gen FC System is smaller, lighter, more dependable and more efficient than its ...
Toyota Kills Japan’s $11K Corolla After 13 Years
The Toyota Corolla Axio currently starts at ¥1,639,600 ($10,800), making it significantly cheaper than the global-market ...