Toyota is planning to build a battery factory to support electric vehicle production in North Carolina
The Wall Street Journal revealed that the Japanese automaker is planning to build a large battery factory near Greensboro, NC:
“Toyota Motor Corp. is set to invest $1.25 billion and create 1,750 jobs with a new electric-vehicle battery plant in rural North Carolina, according to a public incentives deal approved Monday.”
A filing for public subsidy shows that the government approved a $435 million package for the project.
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