# 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.

- Type: New facility
- Announced: 2021-10-18
- Where: United States
- Value: $1.29B
- Jobs: 1,750
- Starts operating: 2025
- Status: announced
- Products: batteries for hybrid and electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyota](https://endata.com/companies/16194.md)

## Sources

- [seattletimes.com](https://www.seattletimes.com/business/toyota-to-build-1-29b-us-battery-plant-employing-1750/), 2021-10-18: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.