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31 Oct
17:38

Toyota to inject $8 billion into North Carolina battery plant

Toyota announced Tuesday it will invest nearly $8 billion into its North Carolina battery manufacturing plant, bringing the facility’s total investments to $13.9 billion, Kallanish learns from the company. The TBMNC plant is located in Liberty, approximately 22 miles southeast of Greensboro. The new investment will add capacity for battery-electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), with ten BEV/PHEV battery production lines…
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