Company/Division name | Toyota Motor Corporation |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1750 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 1290 |
Country(ies) from which reshored: | Japan |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | electric vehicle batteries, EV batteries |
What domestic positive factors made reshoring more attractive? | Other, Biden |