Toyota Powers On New North Carolina Automotive Battery Plant
Toyota City, Japan, Feb 5, 2025 - (JCN Newswire) -Toyota Battery Manufacturing North Carolina (TBMNC), Toyota's first in-house battery manufacturing plant outside Japan, is ready to begin production and will start shipping batteries for North American electrified vehicles in April.
The nearly $14 billion battery facility, Toyota's 11th manufacturing plant in the United States, will produce batteries for hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs) supported by 5,000 jobs.
The new battery plant is part of Toyota's "best-in-town" approach―investing and producing locally, contributing to the local community and offering products tailored to local needs through a multi-pathway strategy. To date, Toyota's total U.S. investment stands at $49 billion, which supports more than 280,000 jobs in the industry. As a member of America's business community, Toyota will continue to contribute to the region through job creation and investment.
TBMNC Overview
Company name | Toyota Battery Manufacturing North Carolina |
---|---|
Established | November 2021 |
Plant President | Sean Suggs |
Equity | Toyota Motor North America, Inc. (TMNA) 90%, Toyota Tsusho 10% |
No. of employees | Approx. 5,000 (planned) |
Business | Manufacture of automotive batteries |
About Toyota
Toyota strives to be a strong corporate citizen, engaging with and earning the trust of its stakeholders, and to contribute to the creation of a prosperous society through all its business operations.Our corporate principles form the basis of our initiatives, reflect values that enable action, and drive our mindset.
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