LG Energy Solution to invest $3B in Michigan for battery supply deal with Toyota
https://www.detroitnews.com/story/business/autos/2023/10/04/lg-energy-solution-to-invest-3b-in-mich-to-make-batteries-for-toyota/71060801007/
"Today’s announcement that LG Energy Solution and Toyota are partnering up to power electric vehicles in America right here in Michigan reaffirms our strategy to Make It in Michigan by building a landscape that encourages global investment while creating opportunities for people and communities across our state," she said. "Together, we can continue growing our economy, creating good-paying jobs, and further cement Michigan as the global epicenter of the next revolution of the automotive industry."
#Gees, LG have deals with Ford & Toyota, how good is it to be involved with Tier 1 Companies- And how desirable is a product made in the US- with such lithium purity. Straight to the battery makers without the middle man- and Chinese interaction.
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