LG Energy Solutions is poised to make further inroads into the burgeoning North American electric vehicle (EV) market, with confirmation of a collaboration with Japanese automotive giant Toyota expected soon. The company has already established a joint venture, LH Battery, with Honda, another Japanese automaker.
Sources within the industry suggest that the South Korean battery manufacturer is on the cusp of agreeing on a partnership plan with Toyota, focusing primarily on EV battery supply in the United States. The proposed joint venture is anticipated to have a battery production capacity of 20 gigawatt-hours (GWh) and could see investments of. . .
