In order to respond to the expansion of the EV = electric vehicle market, Toyota Motor Corporation will start full-scale production of EVs in the United States in 2025.
Batteries, which are the main components, will also be produced in the United States, and we plan to establish an efficient production system.
According to people involved, Toyota Motor Corporation will start full-scale production of EVs at a plant in Kentucky, USA as early as 2025.
Toyota is investing $460 million in a plant in Kentucky where it plans to produce EVs, which is expected to be completed by 2025.
We are also constructing a factory in North Carolina, the United States, aiming to start operations in 2025 for batteries, a major component.
The next president of Toyota, Tsuneharu Sato, has indicated a policy to accelerate the development of EVs under the new management system, and plans to develop an efficient local production system in order to respond to the expansion of the market.
On the other hand, the next president Sato has indicated that he will maintain an "omnidirectional strategy" that introduces various types of vehicles such as hybrid vehicles and fuel cell vehicles according to the actual situation of the region, and specialized manufacturers such as Tesla in the United States , The focus is on whether we can show our presence amid intensifying competition in the EV field due to the entry of companies from other industries.