Toyota’s investment in a huge plant to build electric vehicle batteries in North Carolina is climbing to nearly double – $2.5 billion -from its originally planned investment.

Toyota Motor said on Wednesday that it was more than doubling its investment in a battery plant in North Carolina as part of a broader effort to catch up to rivals in fielding electric vehicles.

There is growing concern as to whether the Toyota Battery Manufacturing NC plant will ever reach full production. The Trump administration is targeting the end of federal tax credits worth ...

Toyota announced plans Wednesday to invest $5.6 billion in new plants to build electric vehicle batteries in Japan and the United States. But unlike other automakers who are going all-in on EVs ...

Toyota pumps $803M into Ind. plant to build 2 new utilities, including a Lexus New investment will add 1,400 jobs to the Princeton, Ind., plant April 28, 2021 12:00 PM ...

Toyota plans to hire at least 1,750 workers at the plant to produce 1.2 million batteries a year, said Christopher Reynolds, chief administrative officer of Toyota Motor Corp. of North America.

Toyota hasn’t yet shared the expected gigawatt-hour capacity of its plant. In the past, the company has said it could produce enough batteries for 1.2 million vehicles per year.

Toyota announces $8 billion investment that will add 3K jobs to battery plant in Liberty, bringing total job count to 5K. To stream WFMY News 2 on your phone, you need the WFMY News 2 app ...

The battery plant is part of $3.4 billion that Toyota plans to spend in the U.S. during the next decade. It didn’t detail where the remaining $2.1 billion would be spent, but part of that likely ...

TOKYO — Japanese transport officials raided the plant of a Toyota group company on Tuesday to investigate cheating on engine testing, as the company reported it kept its status as the world’s ...

The new plant would likely be near one of the company's U.S. assembly plants in Missouri, Kentucky, Indiana, Alabama or Texas. Toyota plans to sell 2 million zero emission hydrogen and battery ...

Toyota Tennessee celebrated the 20th anniversary of its groundbreaking on Friday with Mayor Scott Conger proclaiming Nov. 3, 2023 as "Toyota Tennessee Day." One of nine Toyota plants in the U.S ...