Toyota Motor to invest about $5.3 bln in Japan and U.S.

Japanese automaker Toyota Motor Corp said on Wednesday it will invest up to 730 billion yen ($5.27 billion) in Japan and the United States towards supplying automotive batteries for battery electric vehicles. The automaker aims to begin battery production between 2024 and 2026. ($1 = 138.4300 yen)

Toyota Motor to invest about $5.3 bln in Japan and U.S.
Representative Image Image Credit: ANI
  • Country:
  • Japan

Japanese automaker Toyota Motor Corp said on Wednesday it will invest up to 730 billion yen ($5.27 billion) in Japan and the United States towards supplying automotive batteries for battery electric vehicles.

The automaker aims to begin battery production between 2024 and 2026. ($1 = 138.4300 yen)

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