Four buildings, each covering one million square feet, will produce batteries for hybrid electric, fully electric, and plug in hybrid vehicles.
Toyota is set to open its $14 billion battery plant south of Greensboro in April.
Toyota is, in our view, in excellent financial shape, and we believe its balance sheet is one of the strongest in the auto sector. The company has a small debt load and substantial cash holdings.
Toyota Motor (NYSE:TM) is ramping up its electric vehicle (EV) and battery production efforts with new initiatives in both ...