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Toyota to Invest Over $1.8 Billion in US Plants for Hybrid and EV Production Expansion

Toyota Motor Corporation announced an investment of approximately $1 billion USD in its US factories, including in Kentucky, to boost production capacity for hybrid vehicles and prepare one plant for electric vehicle manufacturing, and will further invest $800 million to build a second EV in the U.S. amid rising demand.

24 Mar, 08:33 — 24 Mar, 14:57
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2 sources— more sources would strengthen this score15/33
Spectrum spread1/5 buckets covered0/33
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