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Toyota to transfer LG Energy battery order to Michigan plant
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Toyota to transfer LG Energy battery order to Michigan plant
Feb 18, 2025 10:25 AM

(Reuters) - Toyota Motor ( TM ) has agreed to transfer its order for LG Energy Solution vehicle batteries to a Michigan plant that General Motors ( GM ) is exiting, the Japanese automaker confirmed Tuesday.

GM in December said it would sell its stake in the plant, which would have been the third Ultium Cells joint-venture battery plant operated by LG and GM. The companies have two U.S. battery plants operating in Ohio and Tennessee.

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