Toyota signs $2.2 billion cathode contract with LG Chem as automakers look to secure material
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Toyota has signed a KRW 2.9 trillion ($2.2 billion) contract with LG Chem to supply cathode material to its North American operations until 2030. The deal comes not long after the Japanese automaker announced it would secure 20 gigawatt-hours of cells a year from LG Energy Solution, a subsidiary of LG Chem, from its gigafactory […]