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LG Energy Solutions Expands North American Footprint with Anticipated Toyota Partnership

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. . .

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