Toyota announces new $8 billion investment in NC battery plant, 3,000 additional jobs

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Toyota announced Tuesday morning that it is investing an additional $8 billion to its under-construction North Carolina battery plant, adding an additional 3,000 new jobs. The company said its total investment in the facility will now reach $13.9 billion. The total number of new jobs expected to be created totals 5,000. It said it is adding eight battery production lines. “Through the last few years of building relationships, including my most recent trip to Tokyo ... our partnership with Toyota has become stronger than ever, culminating in this historic announcement,”...