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Toyota investing $1.3 billion in red state to build all-electric SUV
ToyotaToyota(US:TM) Fox Business·2024-02-06 21:55

Toyota announced Tuesday the automaker is pouring another $1.3 billion into its flagship Georgetown, Kentucky, plant, where it will begin producing a new all-electric SUV. The Japanese automaker says the project will bring its investments in the plant to nearly $10 billion. Ticker Security Last Change Change % TM TOYOTA MOTOR CORP. 218.86 +15.83 +7.80% Toyota Motor Corp "Today’s announcement reflects our commitment to vehicle electrification and further reinvesting in our U.S. operations," said Kerry Creech ...