Category: Batteries

Toyota’s $8M battery boost heralds US-made EVs, plug-in hybrids

2023 Toyota Prius PrimeToyota on Tuesday announced an expansion of its planned North Carolina battery plant to accommodate additional volume for EVs and plug-in hybrids. A new investment of nearly $8 billion will add eight EV and plug-in hybrid battery production lines to the two previously announced, Toyota said in a press release. Toyota previously announced that the...