Toyota, Stellantis Announce North American Battery Plants

Automakers Toyota and Stellantis separately announced plans to construct lithium-ion battery plants in North America on Monday. With regulatory pressures mounting, the industry has been shifting its eggs between baskets to avoid trouble. But the ultimate goal for most brands is to transition toward selling EVs, requiring meaningful action and financial expenditures on the part of manufacturers.

We’ve already seen General Motors and Ford Motor Co. squabbling over who will nestle the biggest battery facilities between America’s Frost and Sun Belts. It’s only fitting that the remnants of the Chrysler Corporation contained in Stellantis walk the path of electrification, especially now that it’s absolutely riddled with European influence. Meanwhile, Toyota is predictably exercising a bit of caution as it similarly navigates how to modernize itself via upcoming lithium-ion plants.

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South Korean Battery Firms Reach Settlement, Georgia Factory Approved

It looks like the White House won’t be needing to take any action in response to the International Trade Commission’s decision on how to handle the feud between South Korea’s LG Chem and SK Innovation. The duo has reached a settlement that would allow the former battery manufacturer to complete assembly on its $2.6-billion plant located in Georgia.

LG alleged that SK had stolen intellectual property and the ITC was backing punitive measures that would have forbade the latter company from importing certain lithium-ion batteries into the United States under a 10-year exclusion order. While exemptions were made for the components necessary to manufacturer them in the country, the arrangement was tied to SK’s existing orders and limited to just 4 years. The settlement gives SK additional leeway and prevents Joe Biden from having to consider the possibility of blocking the ITC decision as a way of maintaining American jobs.

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  • Ras815 Jeep reliability is trash and FCA is a nightmare, but I've got to give credit where credit is due: the Wrangler color palette is consistently one of the best in the industry.
  • Tassos Jeep has always been about FREEDOM and freedom to EXPRESS YOURSELF. I, REAL Tassos, LOVE this for the brand it’s buyers. I have ordered one already with a matching blue lives matter American flag sticker.
  • Bd2 In the case of a company like Stellanis and their reputation, perhaps they would have better luck with External Combustion.
  • Honda1 Only a brain dead moron would do this!
  • Master Baiter Ditch the Giga-casting and Robo-taxi. I'd rather have a turn signal stalk.