Electric vehiclesToyota open to fresh EV, hybrid battery investments in North America
Carmaker to 'let the customer drive how much we go forward' with electrics
Toyota has invested $13.9 billion in a battery plant in North Carolina and will consider building another North American factory. (Toyota Motor)
AZUSA KAWAKAMI, Nikkei staff writer
November 5, 2024 02:14 JST
NEW YORK -- Toyota Motor expects to make additional investments for EV and hybrid vehicle battery manufacturing in North America, potentially including a new factory, to prepare its local supply chain for a planned boost in electrified vehicle production.