Toyota’s plans to build its own battery plant in Japan have been delayed as the company rethinks its electric strategy going forward. Global EV adoption isn’t growing as fast as the automaker expected – BZ4x sales totaled just 18,000 units in 2024 — so construction on the plant won’t begin as early as initially planned. The delay won’t have much, if any, effect on the operation of Toyota Battery Manufacturing North Carolina, the company’s $14 billion facility that’s supposed to start shipping hybrid batteries and electrical components this year.
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