Toyota to build battery plant in North Carolina
By Marcus Williams2021-12-14T12:12:00
Toyota is building a battery manufacturing plant in North Carolina to supply hybrid and pure EV production in the US. The site offers multimodal logistics advantages for US-wide distribution
Toyota is planning to build a $1.3 billion battery manufacturing plant in the US state of North Carolina for the localised supply of lithium batteries for its electric vehicle assembly from 2025.
In October Toyota said it would be investing a total of £3.4 billion in EV battery development in the US up to 2030.
The facility will be located at the Greensboro-Randolph Megasite industrial development and will be called Toyota Battery Manufacturing, North Carolina (TBMNC). Toyota said it would have four production lines each with an annual capacity of 200,000 battery units and that it intended to expand that initial output to six lines eventually with a total installed annual capacity able to supply 1.2m vehicles.