On Tuesday, Toyota announced plans to allocate $912 million across five of its U.S. plants to boost hybrid vehicle manufacturing in response to rising consumer interest.
This funding for hybrid models, an area where Toyota holds a leading position, is part of the company’s broader commitment to invest up to $10 billion in the U.S. over the coming five years. The move also coincides with the automotive sector, including Toyota, facing challenges from tariffs and the discontinuation of federal EV tax incentives.
The investment will be distributed among Toyota’s facilities in West Virginia, Kentucky, Mississippi, and Missouri, with a primary emphasis on introducing new assembly lines for hybrid vehicle components.
Approximately $125 million is earmarked for the production of the hybrid-electric Toyota Corolla, marking the first time this model will be built in the U.S. The largest portion, around $453 million, will be used to increase output of 4-cylinder engines compatible with hybrids, next-generation hybrid transaxles, and rear motor parts known as stators at the Buffalo, West Virginia plant.
