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Toyota’s 1st EV battery plant in US is ready for business
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 new partnership with the Shanghai government. Toyota Motor Corp. also announced it will start producing batteries for EVs,
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’s First EV Battery Factory In America Is Ready
Toyota ’s battery manufacturing facility in North Carolina is ready to begin production after a nearly $14 billion investment. Batteries for Toyota and Lexus electrified vehicles sold in North America will begin shipping in April. This is the company’s first in-house battery factory outside Japan.
22h
on MSN
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.
15h
on MSN
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.
1d
Toyota Boosts Earnings Guidance, to Set Up China EV Unit
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.
21h
on MSN
Toyota is following Elon Musk's lead as it tries to turn things around in China
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.
Electrek
6d
Toyota EV sales continued lagging in 2024 at only 1%
Toyota maintained its title as the world’s top-selling automaker, with nearly 11 million vehicles sold in 2024. However, EV ...
16h
Toyota stock climbs on guidance boost, new China EV unit
Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...
1d
on MSN
2025 Chrysler Pacifica PHEV vs Toyota Sienna Hybrid: Efficient family hauler grudge match
Toyota Sienna Hybrid and Chrysler Pacifica plug-in hybrid electric vehicle (PHEV) are some of the most efficient minivans in ...
TopSpeed on MSN
2d
What Toyota bZ4X Battery Replacement Costs
Toyota has gone on record to say that the bZ4X's battery will retain 90 percent of its capacity after 10 years of regular ...
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