$2.5 billion more for Toyota battery plant in N.C.

Uncategorized 1 Minute

Toyota has announced plans to expand its investment into a battery plant in Liberty, North Carolina, by an additional $2.5 billion to boost battery electric vehicle, or BEV, production, with the added benefit of 350 new jobs. The Toyota Battery Manufacturing North Carolina facility is now in the site-work stage, aiming at a 2025 opening, where up to 2,100 employees will fabricate high-tech batteries for EVs and hybrids.

The North Carolina facility is financed through Toyota’s global investment of some $70 billion in EV and battery production. As one components, Toyota has earmarked $5.6 billion for new battery production, of which the Liberty plant will be a part. Wanna join the team? Point your browser here to view and apply for open positions at Liberty and elsewhere.

Published by jamesjdonnelly

Journalism is my life. I've been at it since the 1970s, starting in news and developing specialties in covering automobiles and motorsport. I hold more than 50 journalism awards for work in both newspapers and magazines. I have developed a global audience during my career.

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