Toyota made a huge investment for electric vehicles!

Japanese automotive company Toyota, establishes another factory in the USA. The facility will produce batteries for 1.2 million vehicles annually. According to the statement, Toyota’s North Carolina, Greensboro The factory that he will establish near by will employ at least 1,750 people.

In October, the company hybrid and all electric announced that it will establish a new factory in the USA to manufacture batteries for vehicles. The automaker has announced that it will begin producing batteries in 2025 and will gradually expand the program through 2031.


Samsung will make a big investment in the semiconductor factory!

Technology giant Samsung plans to establish a new semiconductor factory in the USA. Details of the factory to be opened in Texas are coming.

Toyota shared the location of the $1.29 billion facility

The automaker made a statement. $1.29 billion announced its new battery manufacturing factory. Accordingly, the factory is located in the center of North Carolina in the USA. Randolph Countylocated in Greensboro-Randolph Megasite will be built on the land.

Toyota electric vehicle batteries
(Photo: AP)

Toyota, the plant 2025 announced that it will be completed in Also, each year 200,000 vehicles It will consist of four production lines capable of producing batteries for TechXploreAccording to the news of , eventually the plant will be annually 1.2 million cars They plan to expand it to produce enough power cells to support it.

In fact, this factory has been allocated by Toyota to expand its battery production capacity in the USA. $3.4 billion part of your investment. The automaker also explained the reason for choosing this region. The most notable reason to renewable energy having easy access. The company stated that it will use 100 percent clean energy for battery production.

Toyota by 2025 15 battery electric vehicles including 70 different electric models plans to take it out. It also aims to sell 2 million zero-emission hydrogen and battery electric vehicles annually worldwide by 2030. Meanwhile, the company has yet to reveal where it will manufacture all-electric vehicles for sale in the US.

Parts producing subsidiary of Toyota Tsusho Let’s also mention that he will establish a new company to operate the new facility. This company allows Toyota to expand its US supply chain and lithium ion automobile batteries will help you increase your knowledge on the subject. However, the new factory near Greensboro is considered close to many of Toyota’s existing facilities in Missouri, Kentucky, Indiana, Alabama and Texas.

Toyota noted that at least partially electric vehicles currently make up about a quarter of its U.S. sales. He says he plans to increase it to about 70 percent by 2030.

source site-28