05
Sep
LIBERTY – Toyota announced an additional investment of $2.5 billion in its newest North American facility, Toyota Battery Manufacturing North Carolina at the Greensboro-Randolph megasite. Last week’s announcement means added capacity to support battery electric vehicle battery production and adds 350 jobs, bringing the total employment to approximately 2,100. Scheduled to begin production in 2025, the facility will produce batteries for hybrid electric vehicles and battery electric vehicles. Construction has begun. Last year, Toyota Motor Corporation announced a global investment of approximately $70 billion for electrification efforts. Last week, as part of this aspirational goal, TMC announced a future battery production…