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…
Electric Vehicles
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…