6 days ago · On Wednesday, Toyota announced that its $14 billion EV battery plant in North Carolina is open for business. The new facility will begin shipping batteries for Toyota’s electric vehicles in...

Feb 5, 2025 · The new battery plant is part of Toyota's "best-in-town" approach―investing and producing locally, contributing to the local community and offering products tailored to local needs through a multi-pathway strategy. To date, Toyota's total U.S. investment stands at $49 billion, which supports more than 280,000 jobs in the industry.

6 days ago · The plant has 14 assembly lines, with 10 dedicated to making modules for electric vehicles (BEVs) and plug-in hybrids (PHEVs), and four for hybrids (HEVs).

Feb 3, 2025 · Now, Honda is establishing a new EV Hub for the start of EV production in the U.S. including an investment of over $1 billion to re-tool its existing auto and powertrain plants in Ohio for production of electric vehicles, as well as $3.5 billion with LG Energy Solution to establish a joint venture EV battery plant in Fayette County, Ohio. # # #

Jul 20, 2024 · Where are the EV batteries being produced in North America? A map tracking automaker and battery maker investment into battery cell and module production for electric vehicles.

Feb 3, 2025 · Honda’s emerging EV hub in Ohio, including a separate $3.5 billion battery plant, will be the flagship for its global manufacturing operations.

Oct 4, 2024 · Hyundai is kicking off a new era as its $7.6 billion EV plant in Georgia is now officially up and running. The first US-made IONIQ 5 rolled off the assembly line and is scheduled to arrive at US...

Jan 16, 2025 · Ahead of Trump’s return to the White House, Rivian (RIVN) secured up to $6.6 billion in funding for its second EV manufacturing plant. The new facility will be home to Rivian’s more affordable...

Jul 7, 2024 · Here is a glance at new North American EV assembly plants and modifications to existing factories to build EVs that are underway. BMW is investing $1 billion to upgrade its Greer, S.C., factory...

Apr 25, 2023 · General Motors announced it will pair up with Samsung SDI to jointly invest $3 billion in an electric vehicle battery plant in the US. Separately, Hyundai said it would form a joint venture...