Electric Vehicles

Toyota announces electric car parts production expansion

Toyota announces electric car parts production expansion

BUFFALO, W.Va. — Toyota Motor Corp. announced Friday that it will further expand production of electric vehicle parts at plants in West Virginia and Tennessee in a $90 million investment. The announcement comes three months after the Japanese automaker said it would invest $240 million to add a production line dedicated to hybrid powertrains at its facility in Buffalo, West Virginia. The latest upgrade involves spending $73 million at the plant to annually assemble an estimated 120,000 rear motor stators, a key component in electric motors. “Toyota is moving quickly toward an electrified future, and West Virginia will play a…
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