Toyota EV battery deal calls for LG Energy to invest $3B in Michigan

LG Energy Solution Michigan is expanding its campus in Holland, Mich., on the state's west side. (LG Energy Solution)

By:

Crain's Detroit Business

October 04, 2023 07:55 PM

Toyota Motor Corp. and LG Energy Solution on Wednesday said they have signed a supply agreement for lithium ion battery modules for use in the automaker's electric vehicles that will be assembled in the U.S.

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