Toyota set to commission $14bn battery plant in US
Toyota has announced that its first in-house battery manufacturing plant for electrified vehicles (EV) outside Japan, located in North Carolina, US is set to begin production in April 2025. The new Toyota Battery Manufacturing North Carolina (TBMNC) represents an investment of nearly $14bn.
Toyota completes EV battery plant in US
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Toyota to build new Lexus EV plant in Shanghai
Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
Toyota’s first EV battery plant in the US is ready for business, but there’s more
After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to begin production and will start shipping batteries for North American electrified vehicles in April.”
Toyota announces Lexus EV plant in Shanghai
Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion.
Toyota Unveils New N.C. Battery Plant
Toyota Battery Manufacturing North Carolina (TBMNC), Toyota's first in-house battery manufacturing plant outside Japan, is ready to begin production and will start shipping batteries for North American electrified vehicles in April.
Toyota Powers On New North Carolina Automotive Battery Plant
Toyota Powers On New North Carolina Automotive Battery Plant Shipments for North American electrified vehicles to begin in April 2025 </stro
Toyota to build new EV plant in Shanghai
SHANGHAI/TOKYO -- In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker Toyota Motor Corp announced on Wednesday that it will construct a new wholly-owned electric vehicle (EV) manufacturing plant in Shanghai.
Toyota unveils a plan to become ‘more loved’ in China by taking a page out of Tesla’s playbook: A wholly-owned Shanghai EV plant
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
Toyota to set up wholly owned EV, battery unit in China
Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the Lexus brand, with production set to start in 2027, the world's top-selling automaker said on Wednesday.
Toyota plans EV, battery push in China and U.S. amid quarterly profit surge
The push comes as worries grow about a potential trade war brewing after President Donald Trump imposed tariffs on China and China retaliated.
Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a ...
Toyota operating profit drops on lower Japan sales
Toyota Motor has posted its first decline in group operating profit for the April-to-December period in two years. The ...