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Driven by People, Powering the Future
Prnewswire· 2026-03-23 16:15
Core Insights - Toyota has announced a $1 billion investment in its Kentucky and Indiana operations, marking a significant commitment to meet growing customer demand and diversify its vehicle lineup [2][3] - This investment is part of Toyota's broader plan to invest up to $10 billion in its U.S. plants over the next five years, reinforcing its long-term strategy of local production [2][3] Investment Details - The investment includes $800 million allocated to Toyota Kentucky to enhance its capabilities for electric vehicle production and increase assembly capacity for the Camry and RAV4 [6] - Toyota Indiana will receive $200 million to boost production capacity for the Grand Highlander SUV, which will be assembled alongside the Sienna minivan and Lexus TX [6] Community Engagement - Toyota Kentucky has announced millions in new grant funding to support career readiness and community engagement, including $4 million for the Driving Possibilities initiative aimed at expanding STEM education in local schools [5][6] - The total investment in the Driving Possibilities program exceeds $11 million, reflecting Toyota's commitment to community development and workforce preparation [5] Employment and Manufacturing Impact - Toyota employs nearly 48,000 people in the U.S. and has produced over 35 million vehicles across its 11 manufacturing plants [8] - The Kentucky plant, Toyota's largest manufacturing facility globally, has produced over 14 million vehicles since its inception [5] Milestones and Celebrations - The announcement coincides with the 40th anniversary of Toyota's Kentucky plant, which has been a cornerstone of American manufacturing and job creation [2][5] - Other Toyota manufacturing facilities in the U.S. are also celebrating significant anniversaries, highlighting the company's long-standing presence and impact in the region [12]
Toyota to initiate electric SUV production at Kentucky plant in US – report
Yahoo Finance· 2025-09-12 16:01
Group 1 - Toyota Motor plans to start production of two new battery-powered SUVs at its Kentucky facility to improve manufacturing efficiency and meet market demands [1] - The new three-row battery electric SUVs will be based on the RAV4 and Land Cruiser models, with production shifting from Indiana to Kentucky [2] - Toyota will cease production of the Lexus ES sedan at the Kentucky facility, with the next iteration to be manufactured in Japan [3] Group 2 - Toyota Motor Europe will begin production of its first battery EV in Europe at the Czech Republic site, with an investment of approximately €680 million [5] - The Czech Government will contribute up to €64 million for the establishment of a dedicated battery assembly facility [5] - Toyota plans to launch three fully-electric vehicle models for sale in South Africa in 2026 [6]