Toyota Charges into U.S. Battery Manufacturing
Rhea-AI Summary
Toyota (NYSE:TM) began battery production at a new $13.9 billion plant in Liberty, North Carolina on Nov. 12, 2025, its first battery facility outside Japan.
The 1,850-acre site can reach 30 GWh annual capacity with 14 production lines, and is expected to create up to 5,100 U.S. jobs. Toyota also committed an additional up to $10 billion in U.S. investment over five years, bringing total U.S. investment to nearly $60 billion. Batteries will supply Camry HEV, Corolla Cross HEV, RAV4 HEV and a future U.S.-built 3-row BEV.
Positive
- $13.9 billion battery plant began production
- Site can produce 30 GWh annually at full capacity
- Plant will create up to 5,100 U.S. jobs
- 14 battery production lines covering HEV/BEV/PHEV
- Additional U.S. investment up to $10 billion over five years
- Batteries to power Camry, Corolla Cross, RAV4, and future 3-row BEV
Negative
- Combined near-term capital commitment up to $23.9 billion (plant + additional investment)
News Market Reaction 1 Alert
On the day this news was published, TM gained 0.63%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Production Begins at New
North Carolina Facility$13.9 Billion in Education Grants to Local Schools$2.7 Million - Company Commits Additional
U.S. Investment up to$10 Billion
Building on its unwavering commitment to the
"Today's launch of Toyota's first
"Under President Donald Trump's leadership, America is open for business," said
The 1,850-acre mega site can produce 30 GWh annually at full capacity. It will serve as Toyota's hub for developing and producing lithium-ion batteries needed for its ever-growing portfolio of electrified vehicles. The state-of-the-art plant will house 14 battery production lines supporting hybrid electric vehicles (HEVs), battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), making it a historical investment for Toyota and a substantial economic impact on the Tarheel State.
"Today marks a historic milestone as Toyota begins battery production right here in
Batteries assembled at Toyota North Carolina are set to power the Camry HEV, Corolla Cross HEV, RAV4 HEV, and a yet-to-be-announced all-electric 3-row BEV—the first of its kind for Toyota to be built in the
"We're excited to see this innovative facility come to life and to provide cutting-edge careers for more than 5,000 North Carolinians," said Don Stewart, president of Toyota North Carolina. "Today's celebration would not be complete without thanking our team members. Their dedication, commitment, and resolve have truly led us to this historic moment. We also are grateful for the support shown to us by the
The company remains steadfast in its commitment to being the best in town by supporting workforce development and educational initiatives. Through partnerships with schools and educators across the region, Toyota is developing the Triad's future workforce with its time, talent and treasure.
During the ceremony, Toyota announced the second phase of Driving Possibilities in
"This incredible gift will provide our students and their families with life-changing opportunities," said Wendy Poteat, president and CEO of shift_ed, a non-profit regional leader connecting education to workforce development, and coordinating partner for the NC Driving Possibilities program. "Toyota has become a generous supporter and dedicated stakeholder in enriching our school districts by inspiring innovation and nurturing curiosity and creativity in our learners from classroom to career. Programs like these are essential in closing opportunity and exposure gaps, empowering students to reach their full potential."
Driving Possibilities is funded by the Toyota
A pioneer in electrified vehicles, Toyota has sold more than 6.6 million hybrid, plug-in hybrid, fuel cell and battery electric vehicles in the
Additional Quotes
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the
Toyota directly employs nearly 48,000 people in the
Through its Driving Possibilities initiative, the Toyota
For more information about Toyota, visit www.ToyotaNewsroom.com .
Media Contact:
Emily Holland
emily.holland@toyota.com
662-507-5148
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SOURCE Toyota Motor North America