Toyota said it would invest another $2.5 billion in its battery plant under construction in North Carolina, lifting the total to $3.8 billion. The money adds capacity for battery-EV batteries alongside hybrid batteries and 350 more jobs, for about 2,100 in all. Production was set to start in 2025. Part of a global plan Toyota said the North Carolina money was part of up to $5.6 billion it planned to spend on battery production worldwide. Hiring for production and maintenance jobs was to start in early 2023. It kept growing In October 2023 Toyota added about $8 billion more, lifting the site to about $13.9 billion and some 5,000 jobs. The plant opened in November 2025 and is planned to reach 14 production lines and about 30 GWh a year, supplying batteries for hybrids, plug-in hybrids and electric cars.
