The Japanese automaker will also offer permanent jobs to 1,400 employees currently working there through Kelly Services, as well as to all future employees.

The factory is expected to begin production in 2025, and it will eventually supply electric vehicles and hybrids built in the region.

The battle of words over a proposed bonus tax credit for EVs built by U.S. unions festered as Toyota sent a memo to its workers about comments made by Sen. Debbie Stabenow.

The automaker this month will suspend output at all but one plant in North America — putting more pressure on dealers with historically low inventories.

As Toyota prepares to get into the EV game, it expects big results from its move to a new global truck platform.

Toyota is expected to begin selling a Crown sedan in the U.S. this year, replacing the Avalon, and will bring a hybridized SUV to the U.S. under the nameplate in 2023 to replace the Land Cruiser.

Keeping the flow of new Toyotas and Lexuses coming to U.S. dealers amid dozens of simultaneous threats falls to two executives who manage it all the Toyota way.

The $1.3 billion plant will eventually make batteries for as many as 1.2 million hybrid, plug-in hybrid and BEVs per year, the automaker said.

It will be the first Toyota equipped with Version 3.0 of the brand's Safety Sense suite of driver-assistance and safety features.

Toyota and Lexus dealers, who have been getting by for months with some of the leanest inventories in history, will see that trickle of vehicles dry up further.

"We're not trying to catch up" with domestic competitors, says Mike Sweers, the executive chief engineer for the automaker's trucks.

Toyota Motor North America's announced plans to build a battery plant may require the Japanese automaker to build another assembly plant in the U.S.

The 2023 Toyota bZ4X will have a lower sticker price than the 2023 Subaru Solterra, but Subaru still has almost all of its $7,500 federal tax credits for customers to use.

Toyota says it will only sell 7,000 of the Japan-built bZ4X crossover EVs in the U.S. by the end of the 2022 calendar year, with pricing starting at $43,215 and a range of up to 252 miles, depending on configuration.

Toyota's announced a $1.29 billion battery plant in Liberty, N.C., will have capacity for 1.2 million battery packs per year, suggesting more local investment will follow.

Project ETA is aimed at giving Toyota customers who order their vehicles a more precise view of where they are after they roll off the line.

The luxury brand has been cast in a starring role in Toyota Motor's $70 billion investment. As part of the plan for Lexus dealers to serve customers and alleviate any range anxiety, gasoline-electric and plug-in hybrids will have a key role.