Toyota will invest $1.29 billion in the plant, which will be called Toyota Battery Manufacturing, North Carolina (TBMNC), with production anticipated to commence in 2025.

Toyota Motor Corp. will break ground on its first battery factory in the U.S. at a mega-site in North Carolina, joining an industrywide push as automakers accelerate efforts to electrify their fleets.

There is growing concern as to whether the Toyota Battery Manufacturing NC plant will ever reach full production. The Trump ...

Toyota more than doubling its investment in planned North Carolina battery plant, due to start production in 2025, as electrification demand booms. And a second phase is still under consideration.

To cope with that, Toyota announced on Monday that it's building a new battery production facility in North Carolina at a cost of $1.29 billion, which isn't exactly chump change.

Toyota says it will add hundreds of workers to North Carolina car battery plant August 31, 2022 4:30 PM VinFast cars will be built in North Carolina.

Toyota Motor Corp announced on Monday it is building a new $1.29 billion battery plant in North Carolina as it moves to expand its hybrid and electric vehicle efforts.

Toyota announced on Monday that it has chosen North Carolina as the location for its $1.3 billion automotive battery manufacturing plant. The plant, which is expected to create 1,750 new jobs in ...

Toyota Motor said on Wednesday that it was more than doubling its investment in a battery plant in North Carolina as part of a broader effort to catch up to rivals in fielding electric vehicles.

Toyota Motor will build its first battery factory in the U.S. in North Carolina, the company and state officials confirmed Monday, as more automakers seek to take control of the supply chain with ...

Toyota Motor Corp. is planning to invest billions of dollars in a battery plant to be built on the outskirts of Greensboro, North Carolina, as part of the automaker’s efforts to ramp up output ...

Toyota Motor Corp. is the most recent company to move a critical part of its supply chain to the U.S. from an offshore site, choosing North Carolina as the location for a $1.29-billion battery ...