Toyota delays building battery plant again on slow EV demand

Japanese carmaker will take extra year to reassess Fukuoka factory plan

20251107N Toyota plant

Toyota Motor intends to build an EV battery plant at this industrial park in Fukuoka prefecture. (Photo by Toshiki Sasazu)

MASAKI ISHIHARA, TAKAYUKI YAO and SHOTARO MORI

NAGOYA/FUKUOKA, Japan -- Toyota Motor has postponed plans to build an electric vehicle battery plant in Fukuoka prefecture for the second time, opting to take the next year to reevaluate and adjust the project amid slowing EV demand.

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