The investment will be made by a new company called Toyota Battery Manufacturing and is expected to create 1,750 new jobs in the North American country.
In October, Toyota said it would establish a new company and build a new auto battery plant in the United States with Toyota Tsusho, the automaker’s metals trading division. In that month, the company assured that it would invest US $ 3.4 billion in the development and production of this fundamental product in the context of the energy transition.
The funds are part of the $ 13.5 billion that the firm announced in September that it planned to spend around the world by 2030 to develop batteries.
From the State of North Carolina they said that the new plant will initially manufacture batteries for hybrid vehicles, with the intention of producing batteries for electric vehicles in the long term.
Last week Toyota announced that it is “ready” to make 100% sales of clean hydrogen or electric vehicles from 2035 in Western Europe.
Sales “zero emissions” will increase “subject to the installation, between now and then, of sufficient infrastructures for electricity recharging and hydrogen supply, as well as the necessary increase in renewable energy capacities,” said Matt Harrison, President of the company in Europe.
It is worth noting that Toyota is a pioneer of hybrid cars with its Prius model, and still the world leader in that segment with two million hybrids sold in 2020.
Source From: Ambito
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