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Toyota will open a multi-billion dollar battery plant with at least 1,750 employees about an hour''s drive outside the Triangle, after North Carolina approved an incentive package Monday worth $438.7 million for the company -- one of the largest manufacturing investments in the state''s history. From the News & Observer: The Japanese auto maker announced in October it would build a $1.29 billion facility in the United States to manufacture hybrid and electric vehicle batteries -- a key component of the company''s plans to make 70% of its cars electric by the end of the decade. The plant known as . . .
British-American vehicle manufacturer Arrival today announced it plans to establish an $11.5 million battery plant in Charlotte, North Carolina. The factory will be the companys third overall facility in the city. It will be located just steps away from its soon-to-be-complete North American headquarters. Once the plant is operational, it will supply batteries to the companys Van Microfactory, creating approximately 150 additional jobs. By bringing the assembly of our proprietary High Voltage Battery Modules in-house, were striving to be as vertically integrated as possible, Arrival CEO Mike Ableson said. This will enable us to have even greater control over the functionality and cost of our products and pass those cost savings on to the customer while also working toward our goal of zero waste production. The company told TechCrunch the facility should have a production capacity of up to 350,000 battery modules per year. Arrival has a lot riding on the success of its Van EV .

Toyota to build $1.3 billion battery plant in North Carolina

09:51pm, Monday, 06'th Dec 2021 New York Post
Toyota has selected North Carolina''s Greensboro-Randolph megasite as the location of a new $1.29 billion automotive battery manufacturing plant for its electric vehicles.
RALEIGH, N.C. - Toyota announced on Monday that it plans to build a $1.3 billion electric vehicle battery plant near Greensboro, North Carolina, that will employ at least 1,750
Toyota Motor will build its first battery factory in the U.S. in North Carolina, the company and state officials confirmed Monday, as more automakers seek to take control of
Toyota announced on Monday it will be building a new electric vehicle (EV) plant in North Carolina. The announcement was made in Liberty, North Carolina Read more The post Toyota to Invest Billions for New EV Battery Plant in North Carolina appeared first on TeslaNorth.com .
Toyota is preparing to build a US$1.3 billion electric vehicle battery plant near Greensboro, North Carolina, that will employ at least 1,750 people, government officials said Monday.
Toyota has selected North Carolina's Greensboro-Randolph megasite as the location of a new $1.29 billion automotive battery manufacturing plant for its electric vehicles.

Toyota commits to $1.3B N.C. plant, aided by $435M in incentives

04:21pm, Monday, 06'th Dec 2021 Business North Carolina
N.C. attracts big Toyota battery plant

Truck carrying $20K of gnocchi stolen from restaurant

03:54pm, Monday, 06'th Dec 2021 New York Post
The carb-craving crook fled in the Toyota truck as a delivery driver was carrying box loads of pasta into the Gnocchi Gnocchi Brothers restaurant in Brisbane at about midnight.
Toyota Motor will build its first battery factory in the U.S. in North Carolina, the company and state officials confirmed Monday, as more automakers seek to take control of the supply chain with in-h
Toyota North America said Monday it picked North Carolina's Greensboro area as the site for its $1.29 billion battery plant, expected to come on line by 2025 and eventually produce batteries for more
Toyota Motor Corp announced on Monday it is building a new $1.29 billion battery plant in North Carolina as it moves to expand its electric vehicle efforts.
Toyota expects the facility to be capable of producing enough lithium-ion batteries for 200,000 vehicles when production begins in 2025.
LONDON , Dec. 6, 2021 /PRNewswire/ -- The electric revolution is the biggest change the auto industry has seen since Ford invented the assembly line in 1913. But an impending supply shortage has put one critical resource in the global spotlight. Mentioned in today''s commentary includes: Toyota Motor Corporation (NYSE: TM ), Honda Motor Co., Ltd. (NYSE: HMC ), General Motors Company (NYSE: GM ), Ford Motor Company (NYSE: F ), Plug Power Inc . (NASDAQ: PLUG ). With the meteoric rise of Tesla, nearly every major automaker has shifted its sights towards producing the next great electric vehicle.Ford made headlines this year with its announcement of the all-electric F-150 Lightning, which now has upwards of 200,000 pre-orders . That electric enthusiasm has spread to nearly every other major automaker - including GM, Fiat Chrysler, Mitsubishi, Honda, Volvo, and BMW to name just a few. This massive shift has driven demand for one crucial element sky-high. That''s why Reuters recently reported, "Lithium producers grow bullish as the EV revolution turbocharges demand." The Wall Street Journal proclaimed, "Lithium booms in the battle for electric-vehicle batteries." But Barron''s warned, "The EV revolution needs more lithium." That''s just one of the reasons top-performing lithium companies have been on such a tear this year, with several stocks more than doubling since the start of the year.
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