Large companies to build a battery factory

19.11.2021,12:59


November 19, Fineko/abc.az.  Toyota Motor, together with Panasonic, is preparing to build a battery plant in North Carolina, USA.
 
ABC.AZ reports that automaker Toyota plans to invest billions of dollars in the U.S. Investments will be made as part of efforts to accelerate the production of electric vehicles.
 
Toyota’s decision is the next step in an industry that is fully returning to the production of electric vehicles.
Some time ago Ford Motors and SK Innovation (South Korea) agreed to build a battery factory in the U.S. with an investment of $11.4 bn.