LG, Toyota and Michigan

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.
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 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 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 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.
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.
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.
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.
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