Toyota to invest up to $5.6B in battery production in Japan and US
Green Car Congress
SEPTEMBER 1, 2022
billion in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing. With this investment, Toyota intends to increase its combined battery production capacity in Japan and the United States by up to 40 GWh. PPES) and in Toyota plants and property.
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