Toyota opens US battery plant, confirms $10bn investment plan

Toyota has officially opened a new battery plant in the United States, confirming a significant investment plan of $10 billion that was initially announced in 2021. This development marks a crucial step for the automaker as it aims to enhance its production capabilities in the growing electric vehicle market. The establishment of the battery plant is expected to contribute to the local economy and support the transition to more sustainable energy solutions in the automotive industry.