LGES considers producing Toyota’s EV batteries at Ultium Cells plant in U.S.

LG Energy Solution (LGES) is reported to be considering using an Ultium Cells plant to produce batteries for Toyota electric vehicles in the U.S. as one of the plans it has had to reevaluate under current market conditions.
In October 2023, LGES announced it had agreed to supply 20 gigawatt-hours of high-nickel NCMA ....

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