Toyota steps in, spend $ 1.5B with a Michigan Battery Fall with LG


Toyota Plans To Options A $ 1.5 Billion Solution Solution The Michigan battery factory to help keep it humble after receiving the project, the ordinary cars reported on Wednesday.

They are built in the capital of the Landsing State, the plant began as a shared organization between GM and LG. But in December GM said it was selling its stake in the battery man. That leaves LG scombleng to find new customers, according to the report, which indicates unknown sources in accordance with this issue.

The translation of the General General Motors Ultium battery cells

Toyota has agreed to transfer existing order from one LG Michigan plant when the LG is completely acquiring the Land factory, which is expected to happen in the spring, in the report. Batteries have been purchased under this agreement may be reported to be used in interests or electric vehicles, and LG and requires a business system that is a Landing factory system.

This factory said that it costs $ 2,5 billion when he first reported in 2022, with GM and LG separating that number. The two companies were also given $ 480 million in Government Federal Project, according to the state of vehicles, which reports the GM work with the Michigan and Michigan economic corporation to transmit such lg incentives.

2025 Toyota BZ4X

2025 Toyota BZ4X

Said Toyota in September last year to take place Production at the top of EV At least one million units, on the world's global scale, in 2026. That is less than 1.5-million-unit intention of automaker's intention, but is still approximately ten power from 2023 levels.

In the US, Toyota soon will be opened Its battery factory in Northern Carolina increasing future interests and evs. But October 2024 said the new electronic model-The three SUV SUV will be combined in Kentucky-Will delayed from 2025 to 2026. The same report said Toyota Canceled strategies for making Lexus electric SUVs in the USand that those vehicles will continue to be introduced in Japan.



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