Toyota to Invest $1 Billion in Kentucky and Indiana, Advance Battery Production Plans

Published: Mar 24, 2026 16:55

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On March 23 (local time), Toyota announced plans to invest $800 million in its Kentucky plant to prepare for a second battery electric vehicle (BEV) production line and expand capacity for the Camry and RAV4.
The company will also invest $200 million across two facilities in Indiana to increase production of the Grand Highlander SUV, while advancing parallel efforts related to battery manufacturing.

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