TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
*
Home
Press release
Dec 07, 2021 09:08 JST
Source:
Toyota Motor Corporation
Toyota Selects North Carolina for New U.S. Automotive Battery Plant
Plant is first to produce automotive batteries for Toyota in North America, enough battery packs for 1.2 million electrified vehicles per year
Toyota City, Japan, Dec 07, 2021 - (JCN Newswire) - Toyota Motor North America announced today that North Carolina Greensboro-Randolph Megasite has been chosen as the location for Toyota's new $1.29 billion automotive battery manufacturing plant, to be named, Toyota Battery Manufacturing, North Carolina (TBMNC).
When it comes online in 2025, TBMNC will have four production lines, each capable of delivering enough lithium-ion batteries for 200,000 vehicles--with the intention to expand to at least six production lines for a combined total of up to 1.2 million vehicles per year.
The $1.29 billion investment, including funds to develop land and facilities, made by Toyota and Toyota Tsusho will be partially funded from a total investment of approximately $3.4 billion previously announced on October 18, which did not include funds for developing land and facilities, and is expected to create 1,750 new American jobs.
"The future of mobility is electrification and the Greensboro-Randolph Megasite is the ideal location to make that future a reality," said Ted Ogawa, CEO of Toyota Motor North America. "North Carolina offers the right conditions for this investment, including the infrastructure, high-quality education system, access to a diverse and skilled workforce, and a welcoming environment for doing business. Today marks the beginning of a mutually beneficial partnership with the Tar Heel state as we embark on our journey to achieve carbon neutrality and provide mobility for all."
In addition, as the company continues its efforts to reach carbon neutrality for its vehicles and operations by 2050, Toyota is committed to using 100% renewable energy at this new facility to produce the batteries.
Source: Toyota Motor Corporation
Sectors: Automotive
Copyright ©2026 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Related Press Release
Toyota to participate in the "1000 Miglia Gran Turismo Experience 2026," a special program of the historic Italian rally, the 1000 Miglia
June 10 2026 20:39 JST
GR Premiers GRMN Corolla
June 04 2026 21:05 JST
Toyota Launches All-New Land Cruiser "FJ" Series in Japan
May 15 2026 14:24 JST
SPARX Group Establishes "Mirai Creation Fund IV" Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd. and Mizuho Bank, Ltd. to Provide Capital Targeting Total Commitments of JPY100 billion
May 12 2026 18:29 JST
Isuzu and Toyota to Jointly Develop Japan's First Mass-produced Light-duty Fuel Cell Electric Truck
April 16 2026 14:53 JST
Toyota Motor Corporation aims to join Daimler Truck and Volvo Group as equal shareholder in the fuel cell joint venture cellcentric
March 31 2026 22:39 JST
Toyota Launches New bZ4X Touring BEV Focused on Driving Performance and Spaciousness in Japan
February 25 2026 20:58 JST
Toyota Launches New RAV4 (PHEV) in Japan
February 19 2026 18:25 JST
Snow master Evans leads 1-2-3-4 finish for TGR-WRT
February 16 2026 14:24 JST
Premiere of Three-Row Highlander BEV in North America
February 11 2026 13:25 JST
More Press release >>
Latest Press Release
MUFG Bank and JCB Sign MOU for Comprehensive Strategic Alliance in ASEAN
Jul 06, 2026 13:30 JST
MHI Receives Order from Taiwan High Speed Rail Corporation for Maintenance Tools and Equipment for Yanchao Main Workshop
Jul 03, 2026 00:22 JST
Hitachi Rail completes acquisition of Clever Devices, expanding its portfolio of multi-modal transport solutions
Jul 02, 2026 23:15 JST
Eisai to Showcase Alzheimer's Disease Portfolio with More Than 50 Presentations at the Alzheimer's Association International Conference(R) 2026 (AAIC(R))
Jul 02, 2026 22:45 JST
UCL and Eisai renew partnership to accelerate treatments for neurodegenerative diseases
Jul 02, 2026 22:01 JST
Fujitsu Group achieves gold medal in EcoVadis sustainability rating
Jul 02, 2026 15:00 JST
NEC drives digital transformation at Messer Gases in Brazil with Cisco advanced networking and security solutions
Jul 02, 2026 15:00 JST
JCB Contactless Payment Now Available on Taipei Metro
Jul 01, 2026 10:00 JST
Hitachi High-Tech opens Innovation Center Eindhoven in the Netherlands to accelerate open innovation
Jul 01, 2026 00:59 JST
Honda to Commemorate 40th Anniversary of Its First F1(TM) Title
Jul 01, 2026 00:48 JST
Honda Issues "Honda ESG Report 2026"
Jul 01, 2026 00:24 JST
Sharp Signs Memorandum of Understanding with Major Global Satellite Operator SES to Build a Collaboration in Satellite Communication Services
Jul 01, 2026 00:09 JST
Mitsubishi Motors to Bring Authentic Off-Road Performance to Life with its All-New Pajero Cross-Country SUV
Jun 30, 2026 23:46 JST
MHIEC Completes Rebuild of Nagasaki City East Plant
Jun 30, 2026 23:04 JST
NEC Recognized as a Specialist in Gartner(R) Emerging Market Quadrant for Physical AI Services - Established Vendors
Jun 30, 2026 22:47 JST
DENSO and TUV Rheinland Japan Confirm the Practicality of Battery Passport for AESC's Energy Storage Product Using Actual Data
Jun 30, 2026 22:10 JST
Mitsubishi Shipbuilding Receives Order for the MAmmoSS(R) Ammonia Fuel Handling System
Jun 27, 2026 13:16 JST
MHI Study Results Indicate Potential Cost Reductions in the Decarbonization Value Chain Using Green Hydrogen and Ammonia Produced in India
Jun 27, 2026 13:00 JST
Foxconn and Sharp Signs Memorandum of Understanding for Strategic Collaboration in New Business Areas
Jun 27, 2026 12:44 JST
DENSO Group Formulates New Environmental Policy "Eco Vision 2035"
Jun 27, 2026 11:58 JST
More Latest Release >>