Toyota Pledges Over $5 Billion for EV Battery Production
- Last Updated on September 2, 2022
- Decarbonization
- Energy Efficiency
- Innovation
- Renewables
A titan in the automotive industry is taking some major steps toward an electric future. According to CNBC, executives from Toyota announced the company would invest an extra $2.5 billion in a U.S. facility that will manufacture batteries for both hybrid electric and battery electric vehicles. The North Carolina facility is set to start operations
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