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Toyota, LG and EV battery plant

Toyota shifts $1.5B order to LG battery plant in Lansing

Toyota Motor Corp. has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors Co. backed out of the project, according to people familiar with the matter.

Electrek · 4h

Toyota steps in to support Michigan EV battery plant with $1.5B order after GM backs out

In a turn of events, Toyota is stepping in to support LG Energy Solution’s EV battery plant in Michigan. Toyota reportedly placed a $1.5 billion order to boost operations at the facility after GM backed out. GM reached a non-binding agreement with LG in December to sell its stake in their planned EV battery plant in Lansing, Michigan.

Transport Topics · 6h

Toyota Aids LG Battery Plant With $1.5 Billion Order

Toyota has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors backed out of the project.

Reuters on MSN · 5h

Toyota to transfer LG Energy battery order to Michigan plant

Toyota Motor has agreed to transfer its order for LG Energy Solution vehicle batteries to a Michigan plant that General Motors is exiting, the Japanese automaker confirmed Tuesday. GM in December said it would sell its stake in the plant,

1hon MSN

EV battery company Akasol to lay off 188 metro Detroit workers

Akasol, a wholly owned subsidiary of auto supplier BorgWarner Inc., will close two locations and shed 188 workers by April ...

GlobalData on MSN1d

EV battery degradation may be less severe than expected: Which? survey

A survey by consumer watchdog Which? involving 3,595 electric vehicle (EV) owners has revealed insights into how quickly EV ...

Electrek22h

This $500M EV battery material plant is the first of its kind in the US

Japan's UBE has broken ground in Louisiana on a DMC and EMC plant – key components for lithium-ion batteries in EVs and battery storage.

How European Businesses Are Rewriting The Battery Recycling Rulebook

New research carried out by Imperial College London suggests recycled EV battery materials can match, and even surpass, the ...

12d

Tracking the EV battery factory construction boom across North America

Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...

Engineering News-Record8h

EV Battery Component Maker Cancels $325M Georgia Plant

Manufacturer Aspen Aerogels Inc. canceled plans to construct a $325-million plant in Statesboro, Ga., it told investors Feb. 12. Donald Young, CEO of the Northborough, Mass.-based company, says it ...

European EV battery material startups make recycling breakthroughs

Two European startups said on Thursday they had hit milestones in recycling electric vehicle battery materials that will be ...

4hon MSN

Is RI's proposed EV fee too soon? Here's what the gas tax numbers look like.

While Gov. Dan McKee's proposed budget for next year seeks to offset a looming hit to state revenues with a new $150 EV registration fee, gas tax collections in the Ocean State remain strong.

Fleet News14h

Renault Group shares EV battery fire prevention system

Renault Group is giving all car makers permission to use its Fireman Access system, which helps prevent electric vehicle (EV) ...

2hon MSN

6 Best Battery Stocks to Buy for the Long Term

Regardless, you'll have to do some digging to find the best battery stocks. While some battery stocks have performed well, ...

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