Toyota Opens $13.9Bn Battery Plant In US
Earlier in December 2021, Toyota Motor Corporation announced that it would build a new $1.29 billion battery plant for electrified vehicles in North Carolina. Among other details, the Japanese automaker had said that the new plant would generate 1,750 jobs in its Greensboro facility in central North Carolina. The firm had plans to expand production to up to 1.2 million vehicles per year.
