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Toyota to Make 3-Row BEV In US in Princeton, IN https://lnkd.in/gbuYtxr3 auto connected car newsToyota will prepare for assembly of an all-new, three row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility, affirming Toyota’s commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion. This also brings the addition of up to 340 new, high-quality jobs with long-term stability. This investment will not only provide plant infrastructure to build the all-new BEV, it will add a new battery pack assembly line using lithium-ion batteries supplied by Toyota Battery Manufacturing North Carolina, a $13.9 billion facility slated to begin production in 2025.

Toyota to Make 3-Row BEV In US in Princeton, IN https://lnkd.in/gbuYtxr3 auto connected car newsToyota will prepare for assembly of an all-new, three row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility, affirming Toyota’s commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion. This also brings the addition of up to 340 new, high-quality jobs with long-term stability. This investment will not only provide plant infrastructure to build the all-new BEV, it will add a new battery pack assembly line using lithium-ion batteries supplied by Toyota Battery Manufacturing North Carolina, a $13.9 billion facility slated to begin production in 2025.

*** Automotive electrification development - Toyota Motor Corporation adding BEV at Kentucky plant*** -) Toyota has announced a $1.3bn investment in its Kentucky factory, bringing the plant's total investment to around $10bn. 💲 -) This investment will support previously announced future BEV assembly at the complex and add a battery pack assembly line using batteries supplied by Toyota Battery Manufacturing North Carolina. 🔋 -) The project also includes the assembly of a new, three-row battery electric SUV for sale in the US, reflecting Toyota's commitment to vehicle electrification and further reinvesting in its US operations. ⚡ -) The Kentucky plant, which opened in 1986 and now employs 9,400 people, has been a key part of Toyota's US manufacturing operations. 👷♂️ -) Since 2021, Toyota has announced new investments totaling $17bn into its US manufacturing operations to support electrification. 💹 #batteryelectric #electrification #toyota

INVESTMENT: Toyota Motor Corporation invests in #BEV production at Kentucky facility The investment of US$1.3bn will support future electrification efforts, including the assembly of an all-new, three row #batteryelectric #SUV for the US market. The project brings the plant’s total investment to nearly US$10bn. The investment supports the previously announced future BEV assembly at #ToyotaKentucky, and adds a battery pack assembly line, with batteries supplied by Toyota Battery Manufacturing, #NorthCarolina. Kerry Creech, president of Toyota Kentucky, said, “Generations of our team members helped prepare for this opportunity, and we will continue leading the charge into the future by remaining true to who we are as a company and putting our people first for generations to come.” Read more here: https://lnkd.in/eA8SAMjQ #Automotive #Powertrain #PowertrainMag #Engineering #AutomotiveEngineering #AutomotiveDesign #Sustainability #ElectricVehicles #EV #Testing #Technology #Transportation #AutoTestExpo #GACS

"Set to begin building #electricVehicles (EVs) in 2025, Toyota North America now plans to increase its investment at the #LibertyNC plant to add as many as ten battery production lines, up from previous plans to install just two (via Automotive News). With an additional four lines being built to feed batteries to #hybridVehicles, the facility is expected to feature a total of 14 #batteryProduction lines. The amount also brings the automaker’s investment in the so-called Toyota #BatteryManufacturing #NorthCarolina up to $13.9 billion, marking the largest investment into a single project in North America, according to a company spokesperson. Sean Suggs, president of Toyota North Carolina, says the latest investment and expansion will bring the facility’s size to roughly 7 million square feet, covering around 1,000 of the lot’s 1,800 acres." https://lnkd.in/e-NwEcZw

Continued growth in Kentucky! Toyota is investing $1.3 billion into its Toyota Motor Manufacturing, Kentucky plant in Georgetown. That’s an increase to a $591 million investment the company originally announced last May. Manufacturing growth like this requires continued manufacturing skills training. It requires Mobile Modular Training Systems. If your school or college isn't currently offering advanced manufacturing skills training, let our experts show you just how easy it can be to get your program up and running in just months. #mobilemodulartrainingsystems #manufacturing

Continued growth in Kentucky! Toyota is investing $1.3 billion into its Toyota Motor Manufacturing, Kentucky plant in Georgetown. That’s an increase to a $591 million investment the company originally announced last May. Manufacturing growth like this requires continued manufacturing skills training. It requires Mobile Modular Training Systems. If your school or college isn't currently offering advanced manufacturing skills training, let our experts show you just how easy it can be to get your program up and running in just months. #mobilemodulartrainingsystems #manufacturing

Ford Halts $3.5 Billion Battery Factory in Michigan Amid Uncertainty. In a surprising move, Ford has announced the immediate suspension of work at its $3.5 billion factory in Michigan. This facility was poised to play a pivotal role in the production of cost-effective lithium iron phosphate batteries, leveraging technology from China's CATL (Contemporary Amperex Technology Co. Limited). The factory was part of Ford's ambitious plan to invest over $50 billion in electric vehicles globally by 2026. The automaker had set an ambitious goal of delivering an annual run rate of 600,000 electric vehicles worldwide by the end of this year and 2 million by the end of 2026. #automanufacturer #Factory #batteries https://lnkd.in/ezDBzchg

Ford halts work on US$3.5 billion EV battery factory with China’s CATL. Ford confirmed Monday it has immediately stopped work at a US$3.5 billion factory in Michigan that was supposed to make cheaper lithium iron phosphate batteries using tech from China’s CATL. “We’re pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant,” Ford spokesperson TR Reid said in an email to TechCrunch. Under the arrangement that was announced in February 2023, Ford’s wholly owned subsidiary would manufacture the battery cells using LFP battery cell knowledge and services provided by CATL. It’s unclear if this is a temporary pause or if the project will be shelved altogether. The stoppage comes more than a week after United Autoworkers launched a limited strike affecting Ford, GM and Stellantis. It also follows an announcement in July 2023 that two congressional committees had launched investigations into the automaker’s licensing deal with CATL. The US$3.5 billion Ford had initially committed to investing in the factory was supposed to be part of the automaker’s plan to pour more than US$50 billion into electric vehicles globally through 2026. Ford said it planned to deliver an annual run rate of 600,000 electric vehicles globally by the end of this year and 2 million globally by the end of 2026. The factory — dubbed BlueOval Battery Park Michigan by Ford and the Marshall Megasite by local residents who opposed the project — garnered US$1.7 billion in state incentives to locate in Marshall, Michigan. Ford said at the time the factory would employ 2,500 workers and production was expected to begin in 2026. https://lnkd.in/gbyVWTp7