The total investment in this facility has already exceeded $ 2.8 billion. The beginning of production is planned at the end of 2026.
It is the main component of electric vehicles that provide power transmission between hybrid transmissions, motor, electric motor and wheels. This component is planned to be used in future Toyota and Lexus models.
According to the producer’s press service, Toyota North America follows the principle of “Best in the City”, investing in local production, investing in the community and providing products that meet local needs. There are approximately 50,000 employees at 11 Toyota facilities in the USA. The company will continue to offer various electrification options to meet customer needs and will continue to encourage the development of the region by creating jobs and investments.
Source: Ferra
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