Toyota Announces Plans for $1.3 Billion US Battery Plant, Expects to Employ 1,750 Workers

Toyota Announces Plans for $1.3 Billion US Battery Plant, Expects to Employ 1,750 Workers
A Toyota sign at the Nummi plant, in a file photo. Justin Sullivan/Getty Images
Christopher Burroughs
Updated:

Toyota announced on Oct. 18 that it will invest $3.4 billion in automotive batteries in the United States, including nearly $1.3 billion in an unnamed battery plant that’s expected to employ 1,750 new workers.

The new production, expected to begin in 2025, will allow the automaker to develop its own lithium batteries for use in future hybrid models of its U.S.-built vehicles.

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