Toyota’s battery manufacturing plant in Liberty, North Carolina, US, on Wednesday, Nov. 12, 2025.
Allison Joyce | Bloomberg | Getty Pictures
Toyota Motor on Wednesday stated it has began manufacturing at a brand new $13.9 billion battery plant in North Carolina and confirmed plans to take a position as much as $10 billion greater than beforehand anticipated over the subsequent 5 years in america.
The Japanese automaker didn’t launch particulars concerning the elevated funding aside from Toyota Motor North America CEO Tetsuo Ogawa calling it a “pivotal second” within the firm’s historical past together with the brand new battery plant, in keeping with a launch.
The power is Toyota’s first in-house battery plant outdoors of Japan. It was first introduced in December 2021 amid the Biden administration’s push to onshore manufacturing of batteries for hybrids and all-electric automobiles.
Since then, market circumstances for EVs have soured, whereas demand for hybrids continues to develop exponentially. These adjustments are optimistic for Toyota, which is the U.S. chief in hybrid gross sales with a greater than 51% market share by means of the third quarter of this yr, in keeping with Motor Intelligence information.
It is unclear how a lot of the funding was already deliberate however not made beforehand public, however the announcement follows President Donald Trump final month saying Toyota would make investments $10 billion within the U.S.
Toyota and all the automotive business have been trying to navigate manufacturing plans amid regulatory adjustments impacting EVs and Trump’s litany of tariffs on new automobiles and elements.
Toyota’s U.S. gross sales by means of the third quarter of this yr had been up 9.9% to greater than 1.3 million automobiles offered.
