Why Toyota is investing another billion in its US plants Toyota is investing one billion US dollars in its US plants in the states of Indiana and Kentucky. The Japanese company is strengthening its electric vehicle plans and expanding hybrid capacity in the group’s most important sales market. Yannick Tiedemann
Toyota stakes $912m on hybrid surge with five-plant expansion Japanese automaker allocates capital across component casting, engine assembly and vehicle production facilities in response to electrified vehicle demand approaching 50% of total US sales, marking significant shift in manufacturing strategy Ilkhan Ozsevim