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Toyota’s 1st EV battery plant in US is ready for business

Toyota's North Carolina factory will soon start making EV batteries

The company will hire more than 5,000 workers to make batteries for hybrid and electric cars as part of Toyota's approach to encouraging EV ownership in the United States.

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Toyota completes EV battery plant in US

Japanese automaker Toyota Motor Corporation announced it has completed construction of a new electric vehicle (EV) battery manufacturing plant in Liberty, in the US state of North Carolina, with shipments scheduled to start in April 2025.

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 accelerates electrification plans amid tariff uncertainty

Toyota is ramping up its electrification efforts with plans to produce batteries for hybrids, plug-in hybrids, and ...

7h

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 ...

Toyota to set up fully owned Lexus factory in China

Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...

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Why Toyota Motor Rallied Today

Shares of Toyota Motor (NYSE: TM) rallied 4.8% on Wednesday as of 2:23 p.m. ET. Toyota is the largest automaker in the world, ...

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