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The Independent UK
The Independent UK
World
Yuri Kageyama

Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges

Japan Earns Toyota - (Copyright 2019 The Associated Press. All rights reserved)

Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government.

Toyota Motor Corp. also announced it will start producing batteries for EVs, hybrids and plug-ins at a new $14 billion facility in North Carolina, with shipping starting for North American models in April.

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