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.

The automaker hasn’t made a final decision, but is expected to partner with Panasonic at the operation.

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.