Toyota Powers On North Carolina Battery Plant with Investment Nearing $14 Billion

Toyota battery plant Liberty North Carolina construction

Toyota has officially powered on its first North American battery manufacturing facility in Liberty, North Carolina, marking a significant step in the company's electrification strategy. The total investment in the project, known as Toyota Battery Manufacturing, North Carolina (TBMNC), has grown to nearly $14 billion, making it a cornerstone of the automaker's commitment to producing electrified vehicles in the region. This monumental investment underscores the growing importance of localized supply chains for the automotive industry as it pivots toward electric mobility.

The sprawling campus is set to become a critical hub for Toyota’s operations. The batteries produced at the facility will be used to power a full spectrum of the company's electrified models, including hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), and all-electric vehicles (BEVs). This multi-faceted approach allows Toyota to support its diverse product lineup while scaling up its BEV offerings. The plant is expected to house multiple production lines, positioning it to meet future demand.

According to an official Toyota announcement, the first battery shipments from the North Carolina facility are scheduled to begin in April 2025. This milestone transitions the project from its construction phase into active production, directly feeding into Toyota's assembly plants across North America. The move is central to the company's “Beyond Zero” vision, which aims to achieve carbon neutrality.

The project has seen its total investment increase significantly since it was first announced, evolving into one of the largest economic development ventures in the state's history. This expanded financial commitment to US manufacturing highlights the company's long-term plan to vertically integrate its EV production capabilities. By manufacturing batteries domestically, Toyota aims to enhance efficiency, reduce costs, and secure a stable supply for its next generation of vehicles.