Toyota opts for North Carolina for its large battery production plant in the US

• Toyota The first fully electric model of the Japanese giant

Toyota

announced on Monday the construction of an electric battery production plant in

with which it takes another step on its path towards the electrification of its fleet.

The investment will be around $ 1.3 billion and will help create

in rural

after a long battle for the Japanese giant's appointment.

In the end, the 435 million dollars of incentives to 20 years by the local authorities weighed a lot, in a business that will suppose a significant injection of employment and capital for one of the southeastern states of the country that still did not have a factory production of batteries for electric vehicles.

According to members of the North Carolina government, the average salary for the jobs created will be around

Toyota is confident that the factory will be capable of generating around

to equip electric and hybrid models when production begins in 2025, with plans to expand production to 1.2 million vehicles per year.

The plant, which will be powered by renewable energy, is part of Toyota's strategy to have factories in the

to avoid logistics bottlenecks in

that have fueled chip shortages. "Today marks the beginning of a mutually beneficial partnership with the

State

(North Carolina's nickname) as we embark on a journey to achieve carbon neutrality and provide mobility for all," he noted Toyota North America CEO

The North Carolina agreement strengthens the region's position in the US auto industry against the traditional dominance exercised by

have become key places in this market.

It also represents a change in strategy by some of the biggest skeptics of the transition to electric models, one of the few brands that does not have a battery-powered model for sale among its fleet.

The launch of a large battery production plant confirms Toyota's urgency to join the global trend.

According to the criteria of The Trust Project

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