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Toyota to invest $5.6 billion to boost EV battery production in Japan and North Carolina

Toyota, that most enigmatic of major automakers, is slowly increasing investment in its struggling electrification efforts, even as it continues to lobby against government climate action, and sings the praises of ICEs in its corporate communications. The company recently announced plans to invest an additional $2.5 billion in a US facility that will manufacture batteries… Read more »

What does the bZ4X recall and buyback mean for Toyota’s EV efforts?

What on Earth is going on at Toyota? It was bizarre enough that the company that introduced the ground-breaking Prius (and has since sold over 15 million hybrids) had in recent years pursued a flat-earth strategy, bad-mouthing EVs at every opportunity and lobbying hard against government climate measures. Then came the news that the world’s… Read more »

Toyota is the global leader in solid-state battery patents

It’s common for companies to espouse green policies in public, while privately pursuing opposite goals—but Toyota turns this familiar equation on its head. Other automakers tout their enthusiasm for EVs to the media, while pushing gas-guzzling SUVs to their customers. Toyota’s leaders speak against EVs in public, and the company actively lobbies against government support… Read more »

Lithium supplier ioneer signs supply agreement with Toyota/Panasonic JV

Lithium-boron supplier ioneer signed a binding offtake supply agreement for lithium carbonate with Prime Planet Energy & Solutions (PPES), a battery company joint venture of Toyota and Panasonic. ioneer will produce lithium carbonate at its Ryholite Ridge operation in Nevada, and deliver 4,000 tons per year to PPES over the course of 5 years. ioneer… Read more »

Toyota and Redwood Materials collaborate on closed-loop battery ecosystem

Toyota may be a latecomer to the electrification game, but the company is gradually assembling the components of a circular EV supply chain. Now it has partnered with Redwood Materials, the battery recycling concern headed by JB Straubel, to “explore a series of end-of-life battery solutions for Toyota’s proposed battery ecosystem.” Initially, the collaboration will… Read more »

Thousands petition Toyota to cease anti-EV lobbying efforts

It’s an open secret that, even as automakers announce ambitious plans for new EV models, and air EV ads featuring smiling grandparents, the companies actively fight against the kind of government regulations that are forcing them to produce EVs in the first place. Corporate watchdog SumOfUs recently delivered a petition to Toyota signed by more… Read more »

Toyota bZ4X to use new eAxle from AISIN, BluE Nexus and DENSO

Electric drivetrain manufacturer AISIN has teamed up with BluE Nexus and DENSO to develop an eAxle for the new Toyota bZ4X. Japan-based BluE Nexus is an electric drivetrain module and electric systems company. DENSO is an automotive component supplier that AISIN says has “developed and produced more than 20 million inverters since the launch of… Read more »

Toyota and ChargePoint partner to offer home and public charging

In preparation for the launch of its new bZ4X electric SUV later this year, Toyota has announced that it will work with ChargePoint (NYSE: CHPT) to offer customers home and public EV charging solutions. For home charging, bZ4X customers will have the option to purchase a ChargePoint Home Flex Level 2 charger from participating Toyota… Read more »

Toyota chooses North Carolina for battery plant to begin production in 2025

Toyota has decided to locate a new automotive battery plant at the Greensboro-Randolph Megasite in North Carolina’s Randolph County. Toyota chose the site based on the availability of renewable energy, local support, on-site rail, and proximity to highways, four airports and two seaports. Together with lithium producer Toyota Tsusho, Toyota is planning to spend $1.29… Read more »