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TM / Toyota and LG sign EV battery supply agreement

Toyota Motor (NYSE:TM) and LG Energy Solution have signed a long-term battery supply agreement for lithium-ion battery modules for the carmaker's battery electric vehicles (EVs) assembled in the United States. LG will supply Toyota with battery modules at an annual capacity of 20GWh starting in 2025, the two companies said on Wednesday. Read More

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Posted: Oct 4 2023, 15:53

Author Name: Proactive Investors

TM News

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The UAW Talks Have a Wide Impact. Look at Toyota.

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Toyota Earnings May Show a Flaw in Tesla's Pricing Strategy

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By CNBC International TV
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EV and hybrid sales: Toyota is using 'the right strategy,' analyst says

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By Reuters
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By TechCrunch
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Toyota to invest another $8B into North Carolina EV battery factory

Toyota said Tuesday it will invest another $8 billion into its first EV battery factory in North America, as the Japanese automaker tries to ramp up i

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