Toyota invests $90M to expand hybrid transaxle production in US plants

Toyota announced a $90 million investment across two US plants: $73 million at Toyota West Virginia to increase hybrid transaxle capacity to 600,000 units per year and add rear motor stator assembly, and $17 million at Toyota Tennessee to increase hybrid transaxle case and housing casting capacity to 1.3 million per year.

“Today Toyota announced an additional $90 million investment for two of its U.S. manufacturing facilities”pressroom.toyota.com

• 2 sources
• pressroom.toyota.comToyota Commits Multimillion-Dollar Investment to Further Expand Production of Electrified Vehicles - Toyota USA NewsroomMelissa FaulnerFeb 11, 2022
• wvmetronews.comToyota to spend another $73 million to ready Buffalo plant for hybrid transaxle line - WV MetroNewsJeff JenkinsFeb 11, 2022

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