(TestMiles) - Toyota is investing billions in U.S. manufacturing and EVs, but rumors continue to swirl about even bolder future products. Separating fact from speculation matters for both buyers and industry insiders.
Why does this matter right now?
Toyota is not dabbling in electrification; it is betting billions. Toyota Battery Manufacturing North Carolina is scheduled to open soon with fourteen lines for hybrid and battery output. The site covers more than 1,800 acres, carries a price tag of nearly 13.9 billion dollars, and is expected to employ about 5,100 people. The factory will feed batteries to U.S.-built hybrids and EVs for both Toyota and Lexus, forming the backbone of Toyota’s electrification strategy in America.
Two new three-row EVs are confirmed. The Kentucky plant in Geor