article thumbnail

Toyota invests more in the United States for battery & BEV production

Teslarati

The veteran automaker plans to invest more in its North Carolina battery plant in preparation for a new battery-electric SUV. Toyota’s electric SUV will be assembled in the United States, qualifying for the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax incentives. Toyota is investing another $2.1

article thumbnail

Toyota and Nissan EV tax credit, Vinfast US plant, breaking down the EV partisan divide: The Week in Reverse

Green Car Reports

Which automaker announced plans to build electric SUVs in North Carolina? What is the most expensive material widely needed for EV batteries? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 1, 2022.

article thumbnail

Li-ion Separator Supplier Celgard Expanding Production in North Carolina

Green Car Congress

and a leading supplier of microporous separators used in lithium-ion batteries, plans to expand capacity at its existing Charlotte, North Carolina facility and build a new manufacturing site in Concord, North Carolina. Celgard will implement its lithium-ion battery separator capacity expansion in two phases.

article thumbnail

Report: Toyota To Build Subaru Three-Row EV in Kentucky

The Truth About Cars

Its Kentucky facility is getting a multi-million-dollar retooling to support EV production and will eventually source batteries from another Toyota plant in North Carolina. federal tax credits because they’re both built in Japan, making moving EV production to a domestic location the most logical next step for both.

article thumbnail

Toyota and Redwood Materials partnership takes the next step

Teslarati

Toyota and Redwood Materials established a partnership last year to create a closed-loop solution for recycled battery production. Now, their partnership is taking the next step, as Toyota will source cathode active materials and anode copper foil from Redwood at the automaker’s upcoming North Carolina battery manufacturing plant.

Toyota 109
article thumbnail

Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Although fuel costs are the most ‘present’ cost on peoples’ minds, insurance and tax and also see running costs creep up. Without taking into account incentives and subsidies, taxes on electric vehicles are typically more expensive than gas cars—an average of $183 more per year.

Purchase 321
article thumbnail

Toyota will assemble Subaru 3-row EV in Kentucky, resources say

Baua Electric

Just like the bZ5X, it’s anticipated to obtain its batteries from the plant that Toyota has underneath development in Sovereignty, N.C., billion in its nascent North Carolina battery plant, the place it’ll function six battery manufacturing strains, 4 for hybrid automobiles and two for electrical automobiles.