Toyota announces $3.4B battery, production investment in U.S. - NewsBreak
By Bryan in Business
Updated 3 years ago
Oct. 18 (UPI) -- Toyota announced plans to invest $3.4 billion into battery development and production in the United States on Monday. The company will also start a new company and battery plant in the U.S. with Toyota Tsusho, the company's metals trading branch. By 2030, Toyota aims to offer seven zero-emissions models, 15 battery electric vehicles, and 70 electrified vehicles altogether.
