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Toyota adds $8B investment, 3,000 jobs at North Carolina battery plant · Endata

◂ Announcements

Oct 31, 2023EXPANSIONLiberty, North Carolina, United States

Toyota adds $8B investment, 3,000 jobs at North Carolina battery plant

Toyota announced an additional $8 billion investment and 3,000 jobs at Toyota Battery Manufacturing North Carolina in Liberty, bringing total investment to $13.9 billion and jobs to over 5,000. Eight new BEV/PHEV battery lines will be added, with production reaching over 30 GWh annually by 2030.

Value

$8.00B

Jobs

3,000

Starts operating

2030

Status

Announced

Capacity

over 30 GWh annually

Productslithium-ion batteries for BEV and PHEV

CompaniesToyota Toyota Tsusho partner

Sectors#Automotive Components

“Today’s announcement reinforces Toyota’s commitment to electrification and carbon reduction, bringing jobs and future economic growth to the region.”pressroom.toyota.com

1 source
pressroom.toyota.comToyota Supercharges North Carolina Battery Plant with New $8 Billion Investment - Toyota USA NewsroomNick CrislerOct 31, 2023

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

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