Toyota to build $50 million lab in Michigan to test batteries for electric, hybrid vehicle

FILE - In this Sunday, March 21, 2021 file photo, the company logo adorns a sign outside a Toyota dealership in Lakewood, Colo. Nippon Steel Corp. is suing Toyota Motor Corp. over a patent for technology key for electric motors in a rare case of legal wrangling between Japan’s top steelmaker and automaker over intellectual property. Tokyo-based Nippon Steel filed the lawsuit Thursday, Oct. 14, in Tokyo District Court, demanding compensation for damages totaling 20 billion yen ($177 million). Also named in the lawsuit is Baoshan Iron & Steel Co., or Baosteel, a Chinese steelmaker that produces and supplies the steel that allegedly violates the patent. (AP Photo/David Zalubowski, File)