Toyota Motor Corporation has officially announced that, it plans to invest up to $10 billion additionally in its U.S. operations over the next five years (through approximately 2030).
This commitment was revealed around the time Toyota opened its first U.S. battery manufacturing plant in Liberty, North Carolina—a nearly $14 billion facility (separate from the $10 billion pledge) that began production in November 2025.
The battery plant is expected to create up to 5,100 jobs and will supply batteries for hybrid and electric vehicles, including models like the Camry HEV, Corolla Cross HEV, RAV4 HEV, and future all-electric models.
The $10 billion investment builds on Toyota’s long-standing presence in the U.S. (nearly 70 years), bringing its total historical investment in the country to nearly $60 billion. It aims to support future mobility efforts, particularly in electrification, manufacturing expansion, and meeting growing demand for hybrid and electrified vehicles.
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As a concrete step under this plan, Toyota announced a $912 million investment on November 18, 2025, across five U.S. plants (in West Virginia, Kentucky, Mississippi, Tennessee, and Missouri) to boost hybrid production capacity. This includes bringing hybrid-electric Corolla production to the U.S. and is expected to create 252 new jobs.
The announcement aligns with Toyota’s multi-pathway electrification strategy (hybrids, plug-in hybrids, battery EVs, and fuel cells) and its goal to reach about 70% electrified vehicle sales in the U.S. by 2030.
This move has been highlighted in various reports as reinforcing U.S. manufacturing and job creation in the auto sector.