December 24, 2024

Toyota Triples Planned Investment To $3.8 Billion In U.S. Battery Plant

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Toyota Triples Planned Investment To $3.8 Billion In U.S. Battery Plant

 

Toyota Motor Corp will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for electric vehicles, the company said.