Toyota plans $1.29 billion battery factory in the US

Toyota announced plans to build a new $1.29 billion factory in the US to manufacture batteries for hybrid and fully electric vehicles. The location was not announced, but the plant will employ 1,750 people and start production in 2025, gradually expanding through 2031.

“Toyota said it plans to build a new $1.29 billion factory in the U.S. to manufacture batteries for hybrid and fully electric vehicles.”seattletimes.com

• 1 source
• seattletimes.comAutomakers step up pace on electric vehicle battery plants | The Seattle TimesTOM KRISHEROct 18, 2021

Summarized from public sources; check the original articles before acting on it.