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Search resuls for: "Toyota Society Motors"


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Toyota logo is seen at a Toyota Society Motors showroom in Karachi, Pakistan, July 27, 2022. LGES will invest $3 billion in its Michigan battery facility to supply Toyota exclusively. LGES also is a partner with General Motors (GM.N) in the Ultium battery joint venture, which is building a separate $2.1 billion plant in Lansing, Michigan to supply GM's electric vehicles. LGES will supply Toyota with 20 gigawatt-hours of high-nickel NCMA battery modules annually from the South Korean company's Michigan facility. The battery maker will establish new production lines in Michigan for pouch-type battery cells and modules for Toyota.
Persons: Akhtar Soomro, LGES, Shivansh, Shilpi Majumdar, Cynthia Osterman Organizations: Toyota, Toyota Society Motors, REUTERS, LG Energy, General Motors, Hyundai, Honda, Panasonic, Prime Planet Energy & Solutions, Korean company's, Thomson Locations: Karachi, Pakistan, KS, U.S, Michigan, Lansing , Michigan, North Carolina, Korean company's Michigan, Bengaluru
Register now for FREE unlimited access to Reuters.com RegisterToyota's logo is seen at a Toyota Society Motors showroom in Karachi, Pakistan, July 27, 2022. The automaker suspended production in St Petersburg in March due to supply chain disruptions and stopped vehicle imports into Russia. Register now for FREE unlimited access to Reuters.com RegisterToyota has not decided to quit the Russian market completely but sees no prospect of resuming car production there, the sources said. Many factories in Russia have suspended production and furloughed workers due to shortages of high-tech equipment and an exodus of Western manufacturers after Moscow sent armed forces into Ukraine on Feb. 24 read more . Register now for FREE unlimited access to Reuters.com Registerreporting by Reuters; editing by Kevin Liffey and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Register now for FREE unlimited access to Reuters.com RegisterToyota's logo is seen at a Toyota Society Motors showroom in Karachi, Pakistan, July 27, 2022. The world's largest automaker by sales said last month it aimed to produce about 900,000 vehicles per month from September through November. It now expects to produce about 850,000 vehicles per month on average from October to December, it said on Thursday. According to its October production plan, Toyota will suspend production for up to 12 days for 10 lines at seven domestic factories. Register now for FREE unlimited access to Reuters.com RegisterReporting by Satoshi Sugiyama; editing by Mark Potter and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
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