Toyota Chooses North Carolina for First U.S. Battery Plant (1)

December 6, 2021, 7:00 PM UTC

Toyota Motor Corp. will break ground on its first battery factory in the U.S. at a mega-site in North Carolina, joining an industrywide push as automakers accelerate efforts to electrify their fleets.

The Japanese company will invest $1.29 billion in the automotive battery manufacturing facility, which is scheduled to start production in 2025, the company said Monday. It is the latest in a slew of announcements by major automakers in recent months to ramp up capacity to manufacture batteries for a coming wave of electric vehicles.

The plan to invest in the site on the outskirts of Greensboro, North Carolina, ...

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