Inside The $2 Billion Battery Factory Making Cells For Tesla And Toyota
SMRTR summary
LG Energy Solution's $2 billion battery gigafactory in Lansing, Michigan, originally built for EV production with GM, has shifted focus to energy storage systems for Tesla, Toyota, and utilities. Surging demand from AI data centers and power grids is now driving the plant's growth, potentially making its ESS division profitable by late 2026.
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