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Toyota Motor

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Toyota more than doubles investment and job creation at North Carolina battery plant



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Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina, more than doubling its prior investments and expected number of new jobs, the company announced Tuesday.
The Japanese automotive manufacturer projects the new investment will create about 3,000 additional jobs, bringing the total to more than 5,000 jobs, when its first U.S. automotive battery plant begins operations near Greensboro in 2025. The plant will serve as Toyota’s epicenter of lithium-ion battery production in North America and will be a key supplier for the Kentucky-based plant tasked with building its first U.S.-made electric vehicles, the company said.

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  • Rashid Kamau

    32 w

    Great initiative.

    4
    • Edwin wangombe

      29 w

      @rashid_kamau Indeed it is a commendable set of actions

    • CHRIS NGATIA

      32 w

      Great initiative

      5
      • Edwin wangombe

        29 w

        @chris_ngatia Toyota is doing incredible things to ensure it transits from manufacturing fossil-fueled cars to EVs which is commendable

      • walter lungayi

        32 w

        It is encouraging to see Toyota increasing their investment and job creation at their battery plant in North Carolina. This not only benefits the local economy but also contributes to the growth of the electric vehicle industry, which is important for reducing carbon emissions and combating climate change. It is important for more companies to follow Toyota's lead and prioritize sustainability in their business practices.

        4
        • CHRIS NGATIA

          32 w

          @walter_lungayi very encouraging

          1
          • Edwin wangombe

            29 w

            @walter_lungayi Being one of the global giants in the automotive sector it is serving as a good example

          • johnte ndeto

            32 w

            This is great move by Toyota

            6
            • Edwin wangombe

              29 w

              @johnte_ndeto i agree with you

            • rosebellendiritu

              32 w

              I like the way companies and countries are embracing the need to have green energy.its also positive the way it is creating jobs also.

              5
              • Jane Wangui

                32 w

                @rosebellendiritu especially creating of jobs for people while conserving the environment.It is awesome two birds with one stone.

                2
                • Edwin wangombe

                  29 w

                  @rosebellendiritu it's really encouraging

                • Elizabeth Gathigia

                  32 w

                  This is great initiative, that will lead to more production of EVs thus creating green job

                  12
                  • Edwin wangombe

                    29 w

                    @elizbeth_gathigia this will definitely solve two problems at once

                  • Annett Michuki..

                    32 w

                    good job

                    12
                    • Edwin wangombe

                      29 w

                      @annett_michuki The planet needs more of such initiatives

                    • Princess

                      32 w

                      This is a highly positive development.

                      5
                      • Edwin wangombe

                        29 w

                        @princess_nel_268 Other automotive manufacturers should borrow from Toyota

                      • Rukia Ahmed Abdi

                        32 w

                        Toyota's decision to more than double its investment to $8 billion in the North Carolina battery plant is a significant move that underscores the automotive industry's commitment to electric and hybrid vehicles as part of the effort to combat climate change. This increased investment is not only about enhancing their production capabilities but also about creating jobs, with a projected 3,000 additional jobs, totaling over 5,000, aligning with the global push for sustainable transportation solutions. It highlights the growing importance of battery production in the shift toward a more sustainable, low-carbon future.

                        4
                        • Edwin wangombe

                          29 w

                          @rukia_ahmed_abdi well said.. the actions by Toyota are nothing less than encouraging

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