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Toyota to invest up to $5.6B in battery production in Japan and US

  • Green Car Congress faviconGreen Car Congress

    By mmillikinSep 1, 2022, 8:16 am169 pts
    photo of Toyota to invest up to $5.6B in battery production in Japan and US imageToyota Motor Corporation will invest up to approximately US$5.6 billion in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing. The company aims to begin battery production between 2024 and 2026. With this investment, Toyota intends…
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