![](https://cdn.mtdcnc.global/cnc/wp-content/uploads/2024/07/26161808/amb23-640x360.jpg)
Key Topics and Highlights of AMB 2024
Focus Areas and Innovations AMB 2024 in Stuttgart promises to be a premier event for the…
Toyota said that it would begin production of an all-new three-row battery electric SUV at Toyota Kentucky in 2025.
Toyota North Carolina batteries will power the company’s first BEV built in the United States. A $2.1 billion investment will be made in the new battery factory, which is now under development, to help the corporation achieve carbon neutrality.
Toyota is investing $2.1 billion in its battery production factory in North Carolina to build new infrastructure to support future growth. This takes Toyota North Carolina’s total investment to $5.9 billion.
“Toyota’s significant investment in our state, now nearly $6 billion, is terrific news and more evidence that North Carolina is a leader in the clean energy economy,” North Carolina Governor Roy Cooper said. “Toyota believes in our world-class workforce to power its future success, and I sincerely appreciate this enormous commitment here.”