Toyota to Invest $5.6 Billion in US and Japanese EV Battery Production

Toyota to Invest $5.6 Billion in US and Japanese EV Battery Production

Toyota Motor Corp. has pledged to invest up to 730 billion yen. In other words, it’s about $5.6 billion, to boost electric car battery production in Japan and the US as consumer demand for cleaner transportation takes off globally. Battery production is expected to begin between 2024 and 2026, the world’s largest automaker said in […]