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LG Energy to invest $3B in Mich. EV battery deal.

Authors :
Nagl, Kurt
Source :
Crain's Detroit Business; 10/9/2023, Vol. 39 Issue 38, p10-10, 1p
Publication Year :
2023

Abstract

The deal with Toyota is LG's largest single supply agreement secured outside of a JV. LG Energy Solution will invest an additional $3 billion in Michigan to supply Toyota Motor North America Inc. with lithium-ion battery modules for electric vehicles, the companies announced Wednesday. [Extracted from the article]

Details

Language :
English
ISSN :
08821992
Volume :
39
Issue :
38
Database :
Supplemental Index
Journal :
Crain's Detroit Business
Publication Type :
Periodical
Accession number :
172962297