Toyota announced an additional investment of up to $10 billion over the next five years in its all-new battery plant in Liberty, North Carolina. Toyota North Carolina’s current investment is nearly $14 billion, and when built out, it will create more than 5,000 new jobs.
The 1,850-acre mega site can produce 30 GWh annually at full capacity. It will serve as Toyota’s hub for developing and producing lithium-ion batteries needed for its portfolio of electrified vehicles. It will house 14 battery production lines supporting hybrid electric vehicles (HEVs), battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs).
Batteries assembled at Toyota North Carolina are set to power the Camry HEV, Corolla Cross HEV, RAV4 HEV, and a yet-to-be-announced all-electric 3-row BEV—the first of its kind for Toyota to be built in the U.S. Currently, the plant ships HEV modules to both Toyota Kentucky and Mazda Toyota Manufacturing in Alabama. Additional production lines at Toyota North Carolina are set to launch by 2030.
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