What is the latest status of the project “Toyota Battery Order from LG Energy Solution”?

The status recorded for “Toyota Battery Order from LG Energy Solution” is Awarded.

What is the budget and commercial profile for the project “Toyota Battery Order from LG Energy Solution”?

Taiyo normalizes the budget of “Toyota Battery Order from LG Energy Solution” to USD 1500000000.

Where can I verify the source and access all details for “Toyota Battery Order from LG Energy Solution”?

This Taiyo project page references 매일경제 along with the original URL (https://www.mk.co.kr/en/world/11244801). Taiyo standardizes official data into a consistent, searchable project profile.

Toyota Battery Order from LG Energy Solution

Sector: Energy Storage • Location: Lansing, Michigan, United States

Source: 매일경제

Project

Awarded

Toyota Motor Corp. has ordered batteries from LG Energy Solution's plant in Lansing, Michigan, following a shift in their supply strategy due to General Motors' withdrawal from a joint venture. The order is valued at approximately $1.5 billion, reflecting Toyota's commitment to securing battery supplies for electric vehicles.

Status: Closed
Sector: Energy Storage, Commercial, Electric Vehicles (EVs), Automotive
Location: Lansing, Michigan, United States of America
Updated: 22 Jul 2026
Source: 매일경제

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Project Information

4 Q

The project “Toyota Battery Order from LG Energy Solution” is an infrastructure initiative in the Energy Storage sector, located in Lansing, Michigan, United States. Taiyo aggregates data on it from 매일경제.

Participants

Not available for this record.

Status

Original status	Awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Toyota Motor Corp. has ordered batteries from LG Energy Solution's plant in Lansing, Michigan, following a shift in their supply strategy due to General Motors' withdrawal from a joint venture. The order is valued at approximately $1.5 billion, reflecting Toyota's commitment to securing battery supplies for electric vehicles.
Original sector	Automotive
Budget

Location

Country	United States of America (USA)
State	Michigan
City	Lansing

Source

Source	매일경제
URL

More Details

Record type	Project
Sector	Energy Storage, Commercial, Electric Vehicles (EVs), Automotive
Article published date	2025-02-28

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Toyota Battery Order from LG Energy Solution

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