LG, Toyota and Michigan

Toyota Is Backing LG Battery Plant With $1.5 Billion Order
Toyota Motor Corp. has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors Co. backed out of the project, according to people familiar with the matter.
Toyota shifts $1.5bn order to LG’s Michigan battery plant after GM exits
Toyota Motor has agreed to redirect a $1.5bn order to LG Energy Solution (LGES) to support operations at the Ultium Cells battery cell plant in Lansing, Michigan in the US, reported Bloomberg citing people familiar with the matter.
Toyota steps in, spends $1.5B for Michigan battery factory with LG
Toyota plans to shift a $1.5 billion order to an LG Energy Solution battery factory in Michigan to help keep it afloat after General Motors backed out of the project, Automotive News reported Wednesday.
Toyota shifts $1.5B order to LG battery plant in Lansing
Toyota Motor Corp. has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors Co. backed out of the project, according to people familiar with the matter.
Toyota Aids LG Battery Plant With $1.5 Billion Order
Toyota has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors backed out of the project.
Toyota to transfer LG Energy battery order to Michigan plant
Toyota Motor has agreed to transfer its order for LG Energy Solution vehicle batteries to a Michigan plant that General Motors is exiting, the Japanese automaker confirmed Tuesday. GM in December said it would sell its stake in the plant,
EV battery company to close two Michigan plants, lay off 188 workers
An electric vehicle battery company will permanently close two of its Michigan plants in April, laying off 188 workers. Akasol, a German company that was acquired by BorgWarner in 2022, filed a notice with the state of Michigan on Feb.
Toyota steps in to support Michigan EV battery plant with $1.5B order after GM backs out
In a turn of events, Toyota is stepping in to support LG Energy Solution’s EV battery plant in Michigan. Toyota reportedly placed a $1.5 billion order to boost operations at the facility after GM backed out.
LG’s monitors will be Xboxes, too.
LG is expanding its Gaming Portal from smart TVs to “additional markets, platforms and devices — including LG Smart Monitors and StanbyME lifestyle screens,” according to a press release. The service ...
LG’s IT Services Affiliate Slumps In Seoul Debut After $825 Million IPO
LG CNS, the information technology services affiliate of South Korean billionaire Koo Kwang-mo ’s LG Group, slumped almost 10 ...
Outlook Business7d
LG Chief Likely to Visit India This Month to Finalise Mega IPO
LG Corp Chairman and CEO Koo Kwang-mo is likely to visit India later in February, marking the first such visit by the ...
LG Corp Chairman to visit India; IPO, new investments on agenda
LG Electronics India, the country’s largest white goods manufacturer by sales and market share, is preparing for a Rs 15,000 ...
Moody's revises outlook for LG Electronics to positive, affirms Baa2 ratings
Investing.com -- Moody's (NYSE: MCO) Ratings has affirmed Baa2 issuer and senior unsecured ratings for LG Electronics Inc (KS: 066570 ). (LGE), and also revised its outlook for the firm from stable to ...
LG CNS Makes Weak Debut in South Korea After IPO
The information-technology services affiliate of conglomerate LG Group raised around $825 million in South Korea’s biggest listing in three years.
LG's new 45-inch 5K2K uber OLED monitor goes into mass production and will land soon on a desk near you. For $2,000
Back at CES, we reported on the new LG UltraGear 45GX950A. It's a 45-inch OLED gaming monitor with a 5K2K resolution that ...