Toyota secures batteries for US-made EVs due in 2025

2023 Toyota bZ4X Limited AWDToyota on Wednesday announced a "long-term" battery supply agreement with LG Energy Solution, which the automaker claims will secure batteries for U.S. EV production. Under the contract, LG will supply battery modules at an annual capacity of 20 gigawatt-hours starting in 2025, according to a Toyota press release. Comprised of...