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Toyota investing $1.3 billion in red state to build all-electric SUV

Posted on AllSides February 6th, 2024
From The Right

Toyota announced Tuesday the automaker is pouring another $1.3 billion into its flagship Georgetown, Kentucky, plant, where it will begin producing a new all-electric SUV. The Japanese automaker says the project will bring its investments in the plant to nearly $10 billion. "Today’s announcement reflects our commitment to vehicle electrification and further reinvesting in our U.S. operations," said Kerry Creech, president of Toyota Kentucky. "Generations of our team members helped prepare for this opportunity, and we will continue leading the charge into the future by remaining true to who we...

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https://foxbusiness.com/markets/toyota-investing-1-3-billion-red-state-build-all-electric-suv

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