fbpx
Monday, 06 December 2021 13:12

Toyota Selects NC Site for New Auto Battery Plant

Index

Share This:

 

On Dec. 6, North Carolina Gov. Roy Cooper and Liberty, NC, Mayor Filmore York joined Toyota Motor North America's leaders to announce Greensboro-Randolph Megasite has been chosen as the location for Toyota's new $1.29 billion automotive battery manufacturing plant, to be named Toyota Battery Manufacturing, North Carolina (TBMNC).

When it comes online in 2025, TBMNC will have four production lines, each capable of delivering enough lithium-ion batteries for 200,000 vehicles, with the intention to expand to at least six production lines for a combined total of up to 1.2 million vehicles per year.

 

The $1.29 billion investment made by Toyota and Toyota Tsusho is partially funded from a total investment of approximately $3.4 billion previously announced Oct. 18, and is expected to create 1,750 new American jobs.

 

"The future of mobility is electrification and the Greensboro-Randolph Megasite is the ideal location to make that future a reality," said Ted Ogawa, CEO of Toyota Motor North America. "North Carolina offers the right conditions for this investment, including the infrastructure, high-quality education system, access to a diverse and skilled workforce and a welcoming environment for doing business.

 

"Today marks the beginning of a mutually beneficial partnership with the Tar Heel State as we embark on our journey to achieve carbon neutrality and provide mobility for all." 

 

"I'm glad that Toyota Battery Manufacturing has chosen to call North Carolina home," said Cooper. "This investment in our state is a testament to our world class workforce and growing economy. North Carolina is working hard every day toward a clean energy future and projects like this will help us get there."

 

In determining the location for the new plant, Toyota was interested in...


Previous Page Continue reading »