Toyota Opens a ‘Megasite’ for EV Batteries in a Struggling N.C. Community, Fueled by Biden’s IRA

URLhttps://insideclimatenews.org/news/01062024/toyota
SourceInside Climate News
Date Published06/01/2024
Author NameNicole Norman

Additional Reshoring Information:

Company/Division name Toyota
Parent companyToyota
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):5100
Year reshoring announced:2021
Capital investment ($):13900
Country(ies) from which reshored:Japan
City reshored to:Liberty
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectric vehicle batteries
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Skilled workforce availability/training
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