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 ...
Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...
Toyota Motor sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for a fifth ...
Toyota's partnership with Shanghai aims to support carbon neutrality, focusing on green tech like hydrogen energy and ...
The electric versions of the Daihatsu Hijet, Toyota Pixis Van, and Suzuki Every will have around 200 km (124 miles) of range ...
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