Toyota to invest $1.3B at Georgetown, Kentucky, factory to build battery packs and new electric SUV : vimarsana.com

Toyota to invest $1.3B at Georgetown, Kentucky, factory to build battery packs and new electric SUV

Toyota says it will invest $1.3 billion at its huge factory complex in Georgetown, Kentucky, in part so it can build an all-new three-row electric SUV to be sold in the U.S. The company says the money will help with future electric vehicle production, including the addition of a line to assemble battery cells into packs for other EVs. The investment brings to nearly $10 billion the amount of money that Toyota has spent at the plant, the company said in a statement Tuesday.

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