Toyota shifts $1.5bn order to LG’s Michigan battery plant after GM exits
Toyota Motor has agreed to redirect a $1.5bn order to LG Energy Solution (LGES) to support operations at the Ultium Cells battery cell plant in Lansing, Michigan in the US, reported Bloomberg citing people familiar with the matter.
GM abandons Michigan battery factory–and 1,700 jobs–Toyota saves Ultium with $1.5B investment
General Motors sure pulled a fast one on Michigan. In 2022, when EVs were riding high and Biden was in office, GM and LG Energy Solution announced a $2.6 billion Ultium cells battery factory in Lansing. GM soaked up the good press, bragging about “strengthening our Michigan and U.S. manufacturing presence” and promising 1,700 new jobs.
Toyota steps in, spends $1.5B for Michigan battery factory with LG
Toyota plans to shift a $1.5 billion order to an LG Energy Solution battery factory in Michigan to help keep it afloat after General Motors backed out of the project, Automotive News reported Wednesday.
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,
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.
Toyota Is Backing LG Battery Plant With $1.5 Billion Order
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.
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119 employees laid off at auto transport company near Lansing
Jack Cooper LLC announced it has terminated operations at its Dimondale facility, located at 9151 Billwood Highway, near ...
GM orders Jack Cooper trucking to stop shipping its vehicles as it renegotiates contract
Workers at GM's Corvette plant were stunned to watch cars freshly loaded onto trucks taken off before leaving the factory.
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Toyota and GM: A New Chapter in Battery Production
Toyota Motor will transfer its order for vehicle batteries from LG Energy Solution to a Michigan plant that General Motors is ...
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Local families impacted by major car hauler layoffs
Jon-Floyd Brown, a car hauler who worked for the company for seven years, was among the 85 drivers let go at the Flint ...
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New cars can monitor your near-misses. Here’s how Michigan traffic experts are using the data
About 300,000 crashes occur each year in Michigan, according to the Department of Transportation — about one every 1 minute ...