TOKYO – Electric vehicle laggard Toyota says it will plow about $5.6 billion into making more EV batteries in the U.S. and Japan, including increased capacity at a recently-announced plant in North Carolina, as the automaker plays catch up on all-electric offerings.
August 31, 2022 08:22 AM
Featured Stories
Canadian auto parts not subject to Trump’s tariffs, but there’s a catch
While the new rule is a win for Canada, the non-U.S. content of every Canadian-assembled car shipped south of the border has been, and will continue to be, tariffed at 25 per cent.”
Latest News
Staying current is easy with newsletters delivered straight to your inbox.
See More in Automakers
Staying current is easy with newsletters delivered straight to your inbox.
