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Michigan LG plant to receive $3 billion investment for Toyota battery production

LG Energy and Toyota Announce Major EV Battery Supply Agreement

LG Energy and Toyota Announce Major EV Battery Supply Agreement
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LG Energy Solution to supply batteries to Toyota

LG Energy Solution (LGES) agreed to supply 20 gigawatt-hours of high-nickel NCMA (nickel, cobalt, manganese and aluminum) battery modules annually to Toyota Motor from 2025 to 2035 for the Japanese carmaker’s battery electric vehicles (BEVs) produced in the U.S. state of Kentucky, the Korean battery maker said Thursday.

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