{"id":80399,"date":"2023-11-02T03:00:53","date_gmt":"2023-11-02T03:00:53","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/11\/02\/toyota-invests-usd-8-bn-in-us-battery-plant-to-expand-production-lines\/"},"modified":"2023-11-02T03:00:53","modified_gmt":"2023-11-02T03:00:53","slug":"toyota-invests-usd-8-bn-in-us-battery-plant-to-expand-production-lines","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/11\/02\/toyota-invests-usd-8-bn-in-us-battery-plant-to-expand-production-lines\/","title":{"rendered":"Toyota invests USD 8 bn in US battery plant to expand production lines"},"content":{"rendered":"

Toy<\/strong>ota invests USD 8 bn in its US battery plant: <\/strong>Toyota is investing an additional USD 8 bn in Toyota Battery Manufacturing North Carolina<\/a> (TBMNC), bringing total investments in the plant to around USD 13.9 bn, according to a statement<\/a>. The funds will go to adding eight battery production lines to the plant for EV batteries and plug-in hybrid EVs and four battery lines for hybrid EVs. The lines will be launched through 2030 and have a capacity of around 30 GWh annually. \u201cToday\u2019s announcement reinforces Toyota\u2019s commitment to electrification and carbon reduction, bringing jobs and future economic growth to the region,\u201d president of Toyota North Carolina Sean Suggs said in the statement.<\/p>\n","protected":false},"excerpt":{"rendered":"

Toyota invests USD 8 bn in its US battery plant: Toyota is investing an additional USD 8 bn in Toyota Battery Manufacturing North Carolina (TBMNC), bringing total investments in the plant to around USD 13.9 bn, according to a statement. The funds will go to adding eight battery production lines to the plant for EV […]<\/p>\n","protected":false},"author":1,"featured_media":80400,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[71],"tags":[70,11,64,303,254],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-80399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-enterpriseclimate","tag-evs","tag-toyota","tag-us","wpautop","entry"],"acf":{"mongo_id":"76fcce2e-ae8c-4041-aa3a-ca7298218421","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/6\/1735.jpg","photo_position":"above","related_issue":[80385],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.7fba1b68-2478-4e8b-b89c-197b5a2acde8.mp3"},"yoast_head":"\nToyota invests USD 8 bn in US battery plant to expand production lines - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/02\/toyota-invests-usd-8-bn-in-us-battery-plant-to-expand-production-lines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toyota invests USD 8 bn in US battery plant to expand production lines\" \/>\n<meta property=\"og:description\" content=\"Toyota invests USD 8 bn in its US battery plant: Toyota is investing an additional USD 8 bn in Toyota Battery Manufacturing North Carolina (TBMNC), bringing total investments in the plant to around USD 13.9 bn, according to a statement. 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