{"id":296083,"date":"2025-02-20T09:54:36","date_gmt":"2025-02-20T08:54:36","guid":{"rendered":"https:\/\/sftarticles.wpenginepowered.com\/es\/?p=349162"},"modified":"2025-07-01T15:21:08","modified_gmt":"2025-07-01T22:21:08","slug":"toyota-forgets-about-gm-and-selects-lg-for-its-1-5-billion-order-for-electric-batteries","status":"publish","type":"post","link":"https:\/\/cms-articles.softonic.io\/en\/toyota-forgets-about-gm-and-selects-lg-for-its-1-5-billion-order-for-electric-batteries\/","title":{"rendered":"Toyota forgets about GM and selects LG for its $1.5 billion order for electric batteries"},"content":{"rendered":"\n

Toyota has decided to move a $1.5 billion order to the LG Energy Solution plant in Michigan, following General Motors’ (GM) exit from the project.<\/p>\n\n

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Initially conceived as a joint venture between GM and LG, this plant in Lansing has been in the spotlight following GM’s announcement in December, when it reported that it would sell its stake to LG, forcing the latter to seek new customers to ensure its viability.<\/p>\n\n\n

With the transfer of the order, it is expected that the batteries acquired by Toyota<\/a> will be used in hybrid and electric vehicles. In addition, LG is considering the possibility of diversifying its operations on-site<\/strong>, exploring the energy storage sector at the same plant.<\/p>\n\n\n

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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. https:\/\/t.co\/nxBGOXiX19<\/a><\/p>— The Japan Times (@japantimes) February 19, 2025<\/a><\/blockquote>