Toyota invests $8 billion to expand battery manufacturing

URLhttps://www.thebuzzevnews.com/toyota-expand-batter
Sourcethebuzzevnews.com
Date Published11/20/2023

Additional Reshoring Information:

Company/Division name Toyota Battery Manufacturing
Parent companyToyota
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):3000
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2030
Domestically, the work will be done:In-house
Capital investment ($):8000
Country(ies) from which reshored:Japan
City reshored to:Liberty
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredEV batteries
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