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Toyota to Invest $5.6B in EV Battery Manufacturing while Eyeing Hydrogen Fuel Cell Market

Toyota plans to invest $5.6 billion in new electric vehicle battery manufacturing plants in the United States and Japan in an effort to keep up with other automotive giants, reports CNN Business. However, unlike others in the EV race, Toyota continues to explore EVs powered by hydrogen fuel cells rather than rechargeable batteries, a risky move that…

September 7, 20220Comments 132Views

Business Electric Vehicles

Volkswagen to Manufacture EVs in Tennessee

siegen, North Rhine-Westphalia/germany - 29 07 19: vw car sign in siegen germany Production of Volkswagen's first American-built electric vehicle has kicked off in Tennessee, with the automaker announcing plans to bump production at the factory to 7,000 cars per month, reports the Associated Press. The Chattanooga factory, which employs more than 4,000 people, will mainly rely on…

August 1, 20220Comments 94Views

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Electric Vehicles

Toyota to Invest $5.6B in EV Battery Manufacturing while Eyeing Hydrogen Fuel Cell Market

Volkswagen to Manufacture EVs in Tennessee

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