Toyota’s ¥730B investment in Japan, US battery production to increase capacity by up to 40 GWh
Photo credit: Hilary Halliwell Toyota Motor Corp has decided to invest up to ¥730 billion (approximately $5.6 billion) in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs). Because of the growing BEV demand, battery production will begin between 2024 and 2026. This investment aims to enable Toyota to flexibly […]










