Toyota to invest $2.1 billion more in N.C. battery plant, will build big SUV at factory in Kentucky - Autoblog

Toyota to invest $2.1 billion more in N.C. battery plant, will build big SUV at factory in Kentucky

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to Toyota's huge complex in Georgetown, Kentucky, which will build Toyota's first U.S.-made electric vehicle, a new SUV with three rows of seats. The plans, announced Wednesday, won't immediately create any more jobs at either the Kentucky or North Carolina factories. Toyota plans to employ 2,100 workers at the battery factory, which will start production in 2025. The investment will prepare infrastructure for expansion. It brings the total investment in the Randolph County plant to $5.9 billion to meet the company's goal of selling 1.8 million electric or hybrid vehicles in the U.S by 2030. Toyota broke ground to begin building the plant in 2021.

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