Stellantis and battery maker LG Energy Solution are teaming up to build a lithium-ion-battery manufacturing plant in North America that will start operations in early 2024, the automaker announced this morning. Separately, Toyota announced today that it will spend $3.4 billion to develop battery production and build hybrid and electric vehicles in the U.S. Toyota will be pairing with Toyota Tsusho on a lithium-ion-battery plant to open by 2025.Both moves are another sign of how seriously mainstream automakers are taking the move toward electric vehicles, following recent announcements from Ford and GM about similar investment plans. QUOTE
Notice the strong involvement by LG Energy Solutions and timelines good for COB perfect match IMO.
https://www.caranddriver.com/news/a37988760/toyota-stellantis-lithium-ion-battery-plants/
Stellantis and battery maker LG Energy Solution are teaming up...
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