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Toyota bolsters plans for battery plant

Toyota bolsters plans for battery plant

LIBERTY — The Toyota manufacturing project at the Greensboro-Randolph megasite keeps getting bigger. Toyota announced last week that the under-construction battery plant at the megasite would receive an additional $2.1 billion investment because of an assembly plant in Kentucky that will build battery electric SUVs. The Kentucky operation will commence in 2025. Toyota’s release said the boost in the North Carolina project comes “to support the company’s drive toward carbon neutrality.” “Toyota’s continued commitment in North Carolina confirms our status as a manufacturing powerhouse,” North Carolina Senate President Pro Tempore Phil Berger said. “This expansion further cements our thriving partnership,…
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