Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina.
FILE - The Toyota logo is shown on a dealership in Manchester, N.H., in this Thursday, Aug. 15, 2019, file photo. Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it's constructing in central North Carolina, more than doubling its prior investments and expected number of new jobs, the company announced Tuesday, Oct. 31, 2023.
“North Carolina’s transition to a clean energy economy is bringing better paying jobs that will support our families and communities for decades to come,” said Gov. Roy Cooper, who recently returned from a trip to Tokyo where he met with Toyota's president, Koji Sato. Automotive manufacturers have been racing to meet the rising demand for electric vehicles in the U.S., which is responsible for only about 8% of the world’s battery production capacity, according to the U.S. Department of Energy.
Some state governments have made investments of their own, hoping to attract major manufacturers to the area. Toyota could receive hundreds of million in cash incentives, tax breaks and infrastructure upgrades from the state of North Carolina and local governments for fulfilling its job creation and investment goals, according to state officials and documents.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Toyota to invest $8 billion in North Carolina battery plantToyota to invest $8 billion in North Carolina battery plant
Les mer »
Toyota to invest $8 bln in North Carolina EV battery plantToyota Motor (7203.T) said on Tuesday it would invest $8 billion more and add about 3,000 jobs at its electric-vehicle battery manufacturing plant in North Carolina.
Les mer »
Toyota more than doubles investment and job creation at North Carolina battery plantToyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina. The investment more than doubles the company's prior investments and expected number of new jobs.
Les mer »
2023-24 ACC basketball predictions: North Carolina odds, Duke best bets and other ACC picksKicking off a November to remember, No. 13 LSU heads to No. 8 Alabama in our game of the week
Les mer »
North Carolina case triggers nationwide investigation, recall on fruit pouchesA nationwide food recall that started, in part, because of a concerning case in western North Carolina.
Les mer »
North Carolina WR Tez Walker briefly hospitalized after vicious hit in loss to Georgia TechNorth Carolina wide receiver Tez Walker was taken to an Atlanta-area hospital Saturday night after he took a massive hit late in the Tar Heels' loss to Georgia Tech.
Les mer »