Sign up for the Weekly Current newsletter.
Posted by Staff
November 2, 2023
1 Min Read
Construction work at Toyota North CarolinaCourtesy of Toyota
Toyota announced a new investment of nearly $8 billion that will add approximately 3,000 jobs at Toyota Battery Manufacturing North Carolina. This brings total investment to approximately $13.9 billion and job creation to more than 5,000—further supporting Toyota’s multi-pathway approach to global vehicle electrification.
This investment adds capacity to support battery electric vehicles (BEV’s) and plug-in hybrid electric vehicles (PHEV’s). An additional eight BEV/PHEV battery production lines will be added to the two previously announced, for a total of ten BEV/PHEV battery lines. In addition, as originally announced, the plant will also have four battery lines for Hybrid Electric Vehicles (HEVs). Production will be increased in a phased approach, with line launches planned through 2030 to reach a total production of more than 30GWh annually.
“Today’s announcement reinforces Toyota’s commitment to electrification and carbon reduction, bringing jobs and future economic growth to the region,” stated Sean Suggs, president of Toyota North Carolina. “We are excited to see the continued energy and support of this innovative manufacturing facility.”
In 2021, Toyota, in partnership with Toyota Tsusho, announced the new Liberty location with an initial investment of $1.29 billion for battery production and the creation of 1,750 new jobs. With this announcement, Toyota North Carolina solidifies its position as the company’s epicenter of lithium-ion battery production in North America. Overall, the campus will boast seven million square feet, equating to 121 football fields of battery production.
Toyota has put more than 24.6M hybrid, plug-in hybrid, fuel cell, and battery electric vehicles on the road globally. By 2025, the company plans to have an electrified option available for every Toyota and Lexus model globally.
You May Also Like
Wireless Charging: Transforming Electric Bus EfficiencyFeb 22, 2024|2 Min Read
Comparing Advanced Measuring Techniques for Verifying Critical Dimensions of E-Motor Stator AssembliesFeb 22, 2024|1 Min Read
Sunwoda EVB Pursues IPO, Green InitiativesFeb 22, 2024|4 Min Read
Sustainable Manufacturing Expo Hits North AmericaFeb 22, 2024|4 Min Read
Sep 12 - Sep 14, 2023
North America's largest advanced battery trade show and conference brings together engineers, business leaders, top companies, and innovative thinkers to discover ground-breaking products and create powerful solutions for the future.Register Now