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Toyota to build plant in N.C. capable of making up to 1.2M batteries a year


Harley Lover

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When you have deep pockets, you can catch up in a hurry:

Toyota Motor North America is planning to  build a $1.3 billion battery plant near the small town of Liberty, N.C., where the Japanese automaker plans to eventually produce enough lithium ion batteries to power up to 1.2 million vehicles per year.

Toyota Battery Manufacturing North Carolina is expected to begin production in 2025 with four production lines, each capable of producing batteries to power 200,000 vehicles, the company said. The plant, to be co-owned and operated by Toyota and subsidiary Toyota Tsusho, is expected to later be expanded to six production lines.

 

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