Toyota adds $1.3B to US factory to produce three-row all-electric SUV

This post is by Kirsten Korosec from TechCrunch

Toyota will spend an additional $1.3 billion to prepare its Kentucky factory for production of a new three-row all-electric SUV designed for U.S. consumers, the company announced Tuesday. The extra capital pushes Toyota’s total investment into the factory to nearly $10 billion and is the latest example of the automaker’s renewed pledge to electrification. Toyota […] © 2024 TechCrunch. All rights reserved. For personal use only.