North American Toyota entity named in LG Energy Solution's 2023 NCMA module agreement.
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LG Energy Solution announced a long-term agreement for NCMA battery modules with Toyota Motor North America, planning annual capacity of 20 GWh from 2025. This announcement does not verify commencement.
The battery modules, consisting of high-nickel NCMA (nickel, cobalt, manganese, aluminum) pouch-type cells