Home » Toyota’s Game-Changing Move: A $13.9B Battery Plant and Bold US Commitment
|

Toyota’s Game-Changing Move: A $13.9B Battery Plant and Bold US Commitment

Toyota just made a massive statement about its electric future in America. The Japanese automaker has officially fired up production at its first-ever U.S. battery manufacturing facility, a sprawling $13.9 billion plant in Liberty, North Carolina. And that’s not all—the company is doubling down with an additional $10 billion investment in U.S. manufacturing over the next five years.


Rental Rate Estimate | Quick, Accurate, No-Obligation


A Historic Milestone


This isn’t just another factory opening. The North Carolina facility represents Toyota’s first battery plant outside of Japan, signaling a major shift in how the company approaches electrification and American manufacturing.


“Today’s launch of Toyota’s first U.S. battery plant and additional U.S. investment up to $10 billion marks a pivotal moment in our company’s history,” said Ted Ogawa, CEO of Toyota Motor North America. The message is clear: Toyota is planting roots deeper in American soil.


The Numbers Tell a Story


Let’s break down what this investment really means:


The Facility:


  • 1,850 acres in Liberty, North Carolina
  • 14 production lines (with more planned by 2030)
  • 30 gigawatt-hours of annual battery production capacity at full operation
  • Up to 5,100 new American jobs

The Investment:


  • $13.9 billion for the battery plant
  • Additional $10 billion for U.S. operations over five years
  • Nearly $60 billion total U.S. investment since Toyota began operations here 70 years ago

What Will These Batteries Power?


The North Carolina plant will produce lithium-ion batteries for Toyota’s growing electrified vehicle lineup, including:


  • Camry HEV (Hybrid Electric Vehicle)
  • Corolla Cross HEV
  • RAV4 HEV
  • A groundbreaking all-electric three-row battery electric vehicle (BEV)—the first of its kind that Toyota will build in the U.S.

This mix of hybrid, plug-in hybrid, and fully electric options shows Toyota’s pragmatic approach to electrification, meeting customers where they are in the transition to electric mobility.


More Than Just a Factory


Toyota is taking a holistic approach to this facility, creating what it calls a “vibrant community” for employees. The plant will offer on-site childcare services, a medical clinic, pharmacy, and fitness center—amenities that recognize the whole lives of the workers who will power this operation.


Detailed image of a shiny silver Toyota emblem on a vehicle's surface showcasing a new Toyota battery plant coming to North Carolina.

Economic Impact and Political Support


Transportation Secretary Sean Duffy highlighted the broader significance of Toyota’s announcement, calling it “another show of confidence in this administration’s efforts to reshore manufacturing, generate new, great paying jobs, and inject billions of dollars into the economy.”


With thousands of new jobs and billions in investment, the impact on North Carolina’s economy—and the American manufacturing sector as a whole—will be substantial and long-lasting.


Read Our North Carolina Rental Owner / Investor Frequently Asked Questions (FAQ)

Read Our South Carolina Rental Owner / Investor Frequently Asked Questions (FAQ)


Looking Ahead


As Toyota ramps up production and adds more lines through 2030, this facility will be crucial to the company’s electrification strategy in North America. The combination of manufacturing capacity, job creation, and community investment positions Toyota to compete aggressively in the rapidly evolving electric vehicle market while maintaining its reputation for quality and innovation.


For an automaker that pioneered mass-market hybrids with the Prius two decades ago, this North Carolina plant represents the next chapter in Toyota’s electrification journey—and it’s being written right here in America.


To read more about this topic, visit Toyota starts production at $14B North Carolina battery plant facility | Fox Business.


Sign Up For Our Property Management Newsletter

Similar Posts