Toyota Aims to Meet Hybrid Demand With New U.S. Plant Investment

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The Japanese carmaker plans to build EV and plug-in hybrid batteries on the same production line

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https://www.wsj.com/business/autos/toyota-aims-to-meet-hybrid-demand-with-new-u-s-plant-investment-c5749cf2battery plant under construction in North Carolina With the latest $8 billion investment, Toyota is planning to spend nearly $14 billion to turn the facility in Liberty, N.C., into a massive hub for battery production. The 1,000 acre site is slated to contain 14 assembly lines producing batteries for hybrids, plug-in hybrids as well as fully-electric vehicles. Battery production is scheduled to begin there in 2025.This copy is for your personal, non-commercial use only.

 

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