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Toyota selects North Carolina for $1.29B battery plant · Endata

◂ Announcements

Dec 6, 2021NEW FACILITYLiberty, North Carolina, United States

Toyota selects North Carolina for $1.29B battery plant

Toyota Motor North America announced the Greensboro-Randolph Megasite in Liberty, North Carolina, as the location for its new $1.29 billion automotive battery plant, Toyota Battery Manufacturing, North Carolina, expected to create 1,750 jobs and start production in 2025.

Value

$1.29B

Jobs

1,750

Starts operating

2025

Status

Announced

Capacity

enough lithium-ion batteries for 1.2 million vehicles per year

Productslithium-ion batteries

CompaniesToyota Motor North America Toyota Tsusho investor

Sectors#Automotive Components

“Toyota Motor North America’s leaders to announce Greensboro-Randolph Megasite has been chosen as the location for Toyota’s new $1.29 billion automotive battery manufacturing plant”pressroom.toyota.com

1 source
pressroom.toyota.comToyota Selects North Carolina Greensboro-Randolph Site for New U.S. Automotive Battery Plant - Toyota USA NewsroomMelissa FaulnerDec 6, 2021

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

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