As the electrification of vehicles accelerates around the world, Toyota Motor Corporation decided to build the first battery production plant in the United States with the aim of starting operations in 2025 in order to meet the demand for hybrid vehicles and EV = electric vehicles. became.

According to the announcement, Toyota will create a new company with Toyota Tsusho in the United States and build a battery production plant locally for the first time.



The construction site and production capacity have not been disclosed, but the investment amount is expected to reach approximately 143 billion yen.



The plant is aiming to start operations in 2025, and plans to produce lithium-ion batteries for hybrid vehicles first.



Last month, Toyota Motor announced a policy of investing 1.5 trillion yen in the development and production of batteries for cars, such as building new battery production lines at domestic and overseas factories.



Volkswagen of Germany and GM-General Motors of the United States have also announced plans to build battery factories for EVs in the United States and Europe as the electrification of cars accelerates, and a huge investment plan among automakers Are one after another.