Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana
by Ars Technica
Ars Technica— This is a different new 3-row EV from the one Toyota will build in Kentucky.
Carscoops—Toyota To Build New Three-Row Electric SUV In Indiana. Toyota has announced plans to build an all-new three-row electric SUV in Indiana. The automaker is investing $1.4 billion into the plant and will add a new battery pack assembly line. Little is known about the model, but the vehicle is separate from the previously announced three-row EV that will go into production in 2025. After a slow start, Toyota is embracing electric vehicles and is preparing to offer an assortment of different models. As part of this effort, the company just announced...
Green Car Reports—Toyota confirms second 3-row electric SUV for US production. Toyota announced on Thursday that it plans to build a new three-row battery-electric SUV in Princeton, Indiana, with a corresponding $1.4 billion investment in the plant. The company emphasizes that this announcement comes in addition to the recent $1.3 billion investment in the automaker’s Kentucky plant, to build a separate three-row
Breitbart—Ford Loses $1.3 Billion on Electric Vehicles in First Quarter of 2024, Delays Plans to Make More. Ford Motor Company reported a whopping $132,000 loss on each electric vehicle sold during the first three months of the year, amassing a $1.3 billion loss.