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Home»World»Toyota opens US battery plant, confirms $10bn funding plan | Automotive Trade Information
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Toyota opens US battery plant, confirms $10bn funding plan | Automotive Trade Information

VernoNewsBy VernoNewsNovember 12, 2025No Comments3 Mins Read
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Toyota opens US battery plant, confirms bn funding plan | Automotive Trade Information
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The carmaker first introduced the plan for battery manufacturing in 2021.

Printed On 12 Nov 202512 Nov 2025

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Toyota Motor Company has begun manufacturing at its $13.9bn North Carolina battery plant because it ramps up hybrid manufacturing and confirms plans to take a position $10bn over 5 years in United States manufacturing.

The Tokyo, Japan-based carmaker introduced the developments on Wednesday.

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It first launched the plan in December 2021 to provide batteries for its hybrid and electrical automobiles (EVs). Batteries from the plant are set to energy hybrid variations of the Camry, Corolla Cross, RAV4, and a yet-to-be-announced, all-electric, three-row-battery automobile. The plant is producing hybrid batteries for factories in Kentucky and a Mazda and Toyota three way partnership in Alabama.

“Over the subsequent 5 years, we’re planning a further funding of $10bn within the US to additional develop our manufacturing capabilities, bringing our whole funding on this nation to over $60bn,” stated Ted Ogawa, president of Toyota Motor North America.

Toyota’s eleventh US manufacturing unit, on a 1,850-acre (749-hectare) web site, will have the ability to produce 30 gigawatt-hours of vitality yearly at full capability and home 14 battery manufacturing traces for plug-in hybrids and full EVs. It can finally make use of 5,000 staff.

Final month in Japan, US President Donald Trump stated Toyota deliberate a $10bn funding in america.

“Exit and purchase a Toyota,” stated Trump, who has been vital of Japanese and different auto imports and has imposed hefty tariffs on imported automobiles.

Toyota has been one of many slowest carmakers to maneuver to full EVs, however has quickly moved to transform its best-selling automobiles to hybrids.

“We all know there isn’t any single path to progress”, Ogawa stated on Wednesday.

“That’s why we stay dedicated to our multi-pathway strategy, providing fuel-efficient fuel engines, hybrids, plug-in hybrids, battery electronics and gas cell electronics.”

Different automobile corporations like Volkswagen have stated they are going to add extra hybrids because the Trump administration has rescinded EV tax credit and eradicated penalties that incentivised EV gross sales.

US Transportation Secretary Sean Duffy stated on the occasion that the administration plans to quickly suggest to ease gas financial system requirements, saying prior guidelines had been too aggressive.

Duffy in January signed an order to direct the Nationwide Freeway Site visitors Security Administration to rescind gas financial system requirements issued underneath former US President Joe Biden, a Democrat, for the 2022-2031 mannequin years that had aimed to drastically scale back gas use for vehicles and vans.

Toyota’s inventory is up by about 0.4 p.c in noon buying and selling in New York.

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