By A.J. Roan
Metal Tech News
Toyota to invest $3.4 billion for US EV
Create new jobs, develop EV tech with future new company Metal Tech News – October 20, 2021
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Last updated 7/12/2022 at 1:16pm
Toyota
Toyota expects that 70% of the vehicles it produces in the United States will be electrified by 2030.
As one of the largest automobile manufacturers on the planet, Toyota Motor Corporation, has long spearheaded low-carbon transportation. The company's latest move shows it means business, with a 10-year, US$3.4 billion (380 billion yen) investment into electric vehicle technologies in the United States.
Specifically, the investment is for the development and localization of EV battery production...
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