Despite the delay, which pertains to the groundbreaking on the battery plant, Toyota is committed to its electric plans.
Toyota’s North Carolina battery plant will supply 400,000 battery packs annually to Honda in a bid to avoid tariffs.
A recent study suggested that some car prices, particularly full-size trucks and SUVs, could go up by as much as $10,000, ...
Honda’s electrified vehicles, including EVs and hybrids, accounted for over a quarter of US sales last year. The company sold over 308,500 hybrids and 40,400 electric vehicles in the US in 2024. The ...
Just a few weeks from production, Toyota’s massive battery plant near Greensboro may be getting a major external customer, ...
RALEIGH, N.C.--Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina, more than doubling its prior investments and ...
NikkeiAsia reported that Honda is ordering batteries from Toyota for at least 400,000 vehicles it plans to sell in the U.S.