Toyota Shifts Battery Order

This is a Michigan news story, published by MSN, that relates primarily to Toyota news.

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Technology

Toyota to buy $1.5 billion worth of LG batteries after GM pulls out of joint-venture

Summary

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66% Informative

Toyota is shifting a $1.5 billion battery order it had placed with LG Energy Solution from one facility to another manufacturing plant in Michigan after GM pulled out of a deal it had made with the battery supplier.

The Japanese automaker currently offers 30 electrified models in the U.S. , which is more than any other automaker.

The batteries Toyota will purchase will be for pure electric vehicles or hybrids.

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