• AutoTL;DR@lemmings.worldB
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    8 months ago

    This is the best summary I could come up with:


    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.

    Toyota wouldn’t give further details about the new SUV, including its price or when it would arrive in showrooms.

    The company now expects the plant to employ more than 5,000 people when it begins operations near Greensboro in 2025.

    Toyota has put about $13.9 billion into the plant, which will be a key supplier for the Kentucky factory that will build the company’s first U.S.-made electric vehicles.

    Environmental groups have long criticized Toyota for being slow to move toward fully electric vehicles, instead clinging to gas-electric hybrid technology.


    The original article contains 248 words, the summary contains 140 words. Saved 44%. I’m a bot and I’m open source!