Toyota opens the doors to its first EV battery plant in the US
10 days ago
- #EV batteries
- #US investment
- #Toyota
- Toyota begins production at its new $13.9 billion battery plant in North Carolina, its first outside Japan.
- The facility is Toyota’s 11th plant in the US and will create up to 5,100 jobs.
- Toyota plans to invest an additional $10 billion in US operations over the next five years.
- The plant spans 1,850 acres and can produce up to 30 GWh of lithium-ion batteries annually.
- Batteries from the plant will power various Toyota hybrid and electric vehicles, including the new Camry HEV and an upcoming three-row electric SUV.
- Toyota is delaying plans to build a new battery plant in Japan for next-generation EV batteries.
- The company currently assembles 11 hybrid and plug-in hybrid vehicles in the US and plans to add more BEVs soon.