Toyota LG Battery Plant Order Shift
Sector: Energy Storage • Location: Michigan, United States
Source: Yahoo Finance
Toyota has shifted a $1.5 billion order to LG's battery plant located in Michigan after General Motors exited the project. This move is part of Toyota's strategy to secure battery supplies for its electric vehicles.
- Status
- Closed
- Sector
- Energy Storage, Commercial, Electric Vehicles (EVs), Automotive
- Location
- Michigan, United States of America
- Updated
- 22 Jul 2026
- Source
- Yahoo Finance
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Project Information
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 has shifted a $1.5 billion order to LG's battery plant located in Michigan after General Motors exited the project. This move is part of Toyota's strategy to secure battery supplies for its electric vehicles. |
Budget |
Location
Country | United States of America (USA) |
State | Michigan |
Source
Source | Yahoo Finance |
URL |
More Details
Record type | Project |
Sector | Energy Storage, Commercial, Electric Vehicles (EVs), Automotive |
Article published date | 2025-02-28 |
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