The investment, which is important for batteries to be positioned in electric cars, has the potential to have an impact in the short term for Toyota.
Stepping into the electric car transformation in the new era with the bZ series, Toyota continues to make investments for the supply needs that will arise in the coming period. In this context, the brand, which has recently taken a new step, has made an investment of 5.6 billion dollars for battery production in Japan and America in order to supply batteries for its vehicles. took the decision. These production facilities, which will meet the increasing demand for electric vehicles, are aimed to be operational between 2024 and 2026. This investment will enable Toyota to flexibly meet the needs of customers in all countries and regions, offering as many options as possible with different power units.
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New investment for Toyota will be two-pronged
Believing that there is more than one way to achieve carbon neutrality, Toyota offers the most ideal solutions to reduce CO2 emissions depending on the needs of countries and regions. With the increasing demand for electric vehicles, the Japanese manufacturer plans to continue its investments to establish a stable supply system that will meet the battery needs. Thanks to the new battery investment, Toyota’s battery production capacity in Japan and the USA will increase to 40 GWh. The brand, which has established more efficient production lines than ever with the Toyota Production System, claims to increase its competitive power even more. Toyota, which will make a new investment of around 3.1 billion dollars in Japan, will increase its automotive battery production with 2.5 billion dollars in the USA.