Toyota's $10B Investment: New Battery Plant in NC
Update: 2025-11-12
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Toyotas New Battery Plant in North Carolina: A Major Leap Towards Electric FutureToyota has kicked off production at its new battery plant in North Carolina, a significant investment in the future of electric and hybrid vehicles. This plant, part of a $10 billion US investment plan, will produce batteries for popular hybrid models and an upcoming all-electric three-row vehicle. Initially, batteries will be sent to Kentucky and Alabama assembly lines. Spanning over 1,850 acres, the plant is designed to produce 30 gigawatt-hours annually, with plans to house 14 battery production lines for various electrified vehicle components. This expansion underscores Toyotas commitment to localizing its supply chain and meeting the growing demand for electric and hybrid cars.
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