Toyota’s first EV battery plant in the US is ready for business, but there’s more
After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to begin production and will start shipping batteries for North American electrified vehicles in April.”
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
Last year, Toyota, including Lexus, sold just 139,892 pure EV models, accounting for just 1.4% of sales. 2025 Lexus RZ 450e (Source: Lexus) Volkswagen sold nearly 745,000 electric vehicles ...
Japan's Toyota Motor is expected to post its second consecutive quarterly profit drop when it reports third-quarter earnings ...
Toyota Motor 7203.T sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for ...
New figures from the Society of the Irish Motor Industry show that electric vehicle (EV) sales had a record-breaking month in ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback