Toyota’s battery manufacturing plant in Liberty, North Carolina, US, on Wednesday, Nov. 12, 2025.
Allison Joyce | Bloomberg | Getty Photographs
Toyota Motor on Wednesday mentioned it has began manufacturing at a brand new $13.9 billion battery plant in North Carolina and confirmed plans to speculate as much as $10 billion greater than beforehand anticipated over the subsequent 5 years in the USA.
The Japanese automaker didn’t launch particulars in regards to the elevated funding apart from Toyota Motor North America CEO Tetsuo Ogawa calling it a “pivotal second” within the firm’s historical past together with the brand new battery plant, in keeping with a launch.
The power is Toyota’s first in-house battery plant exterior of Japan. It was first introduced in December 2021 amid the Biden administration’s push to onshore manufacturing of batteries for hybrids and all-electric autos.
Since then, market situations for EVs have soured, whereas demand for hybrids continues to develop exponentially. These adjustments are optimistic for Toyota, which is the U.S. chief in hybrid gross sales with a greater than 51% market share by the third quarter of this 12 months, in keeping with Motor Intelligence knowledge.
It is unclear how a lot of the funding was already deliberate however not made beforehand public, however the announcement follows President Donald Trump final month saying Toyota would make investments $10 billion within the U.S.
Toyota and your complete automotive business have been trying to navigate manufacturing plans amid regulatory adjustments impacting EVs and Trump’s litany of tariffs on new autos and components.
Toyota’s U.S. gross sales by the third quarter of this 12 months have been up 9.9% to greater than 1.3 million autos bought.
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