Toyota, Stellantis Announce EV Battery Plants in North America

People ordering one of the latest electric or plug-in hybrid vehicles on the market need to show a lot of patience due to centralized production and/or limited battery supplies. Those who have signed up for a Toyota RAV4 Prime can tell you all about it.

We have great news to report as the Japanese automaker announced on Monday it will invest approximately $3.4 billion USD ($4.2 billion CAD) in automotive batteries in the U.S. through 2030. 

Further details of the project, including details on a site, production capacity and business structure will be shared at a future time. However, we know that the battery plant is expected to start production in 2025. It will allow Toyota to build electrified vehicles outside of Japan and reduce prices as demand keeps increasing.  

Photo: Germain Goyer

The plan is to first focus on producing batteries for hybrid vehicles such as the aforementioned RAV4 Prime and the new Lexus NX 450h+, Toyota said. Fully electric vehicles will follow including models based on the Toyota bZ4X and Lexus LF-Z Electrified concepts.

While electrified vehicles already account for nearly 25 percent of Toyota’s North American sales volume, that number is expected to rise to nearly 70 percent by 2030.

Photo: Toyota

Stellantis Wants In, Too

Over at Stellantis (formerly known as FCA), it was also announced today that a joint venture with LG Energy Solution will produce battery cells and modules for North America.

The location of the new facility has not been published, but the groundbreaking is expected to take place in the second quarter of 2022. Operations are targeted to start by the first quarter of 2024, with an annual production capacity of 40 gigawatt hours.

Photo: Ram

The batteries produced there will be supplied to Stellantis assembly plants throughout the U.S., Canada and Mexico for the automaker’s next-generation electric and plug-in hybrid vehicles including the electric Ram pickup and Dodge muscle car due in 2024.

LG Energy Solution is already supplying batteries for the Chrysler Pacifica Hybrid minivan. The goal for Stellantis is to have electrified, low-emission vehicles account for over 40 percent of its sales in North America by 2030.

Share on Facebook

More on the subject

ElectricToyota Chief Scientist’s Latest Remarks on EVs Fuel Controversy
Hybrid-loving Toyota continues to advocate against a full shift to all-electric vehicles as more and more governments around the world say they want to ban gasoline engines at some point in the next decade. After Toyota CEO Akio Toyoda and Toyota Canada VP Stephen Beatty, it’s now the Japanese automaker’s …
ElectricToyota bZ4X Makes Production Debut With Impressive Range
Toyota on Friday unveiled the production version of its upcoming compact electric SUV, the bZ4X , which is based on the similarly named concept we saw back in April and sized pretty much like the popular RAV4 . Inaugurating the new “bZ” (beyond Zero) sub-brand, which will encompass a number …
ElectricToyota Envisions On-the-fly EV-to-EV Wireless Charging
While it keeps championing conventional hybrid vehicles—like the millions it has sold globally thus far—and rejecting the idea of a complete ban on combustion engines in the next decade, Toyota is hard at work developing its future electric vehicles starting with the bZ4X crossover. Heck, the Japanese automaker is even …
ElectricStellantis, Mercedes-Benz Jump on Solid-State Battery Bandwagon
Just like Hyundai and Kia did a few weeks ago, two other automakers are investing in Massachussetts-based startup Factorial Energy, which happens to have former Panasonic, Daimler and Ford bosses on its advisory board. The goal is to accelerate the development of solid-state batteries for electric vehicles. We’re talking about …
ElectricToyota Puts EV Focus on Affordability, Not Range
Toyota’s first battery electric vehicle, called bZ4X , is slated to launch in mid-2022 and looks very promising. In fact, similar to the RAV4 Prime plug-in hybrid SUV, demand is sure to be quite strong, especially in markets like Quebec and B.C. Following its North American premiere at the Los …
NewsToyota Hikes Electric Vehicle Sales Goal to 3.5 Million Per Year
Toyota aims to sell 3.5 million electric vehicles per year from the next decade, its CEO said Tuesday, nearly doubling the Japanese auto giant's existing target as part of efforts to drive down carbon emissions. The world's top-selling carmaker also plans to roll out 30 battery-powered electric models by 2030, …
New ModelsChrysler Airflow Comes Back, 80 Years Later, as EV Crossover
Stellantis pulled back the curtain at CES 2022 in Las Vegas, unveiling the Chrysler Airflow Concept and providing a peek at the brand’s electrification strategy. This is from an automaker that for many years kept launching V8 engines instead of going green. You may have heard the name before. The …
ElectricStellantis to Build Canada’s First EV Battery Plant in Windsor
It’s now official: the first large-scale electric-vehicle battery manufacturing facility in Canada will be built in Windsor, Ontario thanks to a partnership between Stellantis and LG Energy Solution. The two companies will commit over $5 billion, representing the largest private sector investment in the history of the province, local officials …