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Toyota Announces $2.5 Billion Expansion of North Carolina Plant with 350 Additional Jobs and BEV Battery Capacity

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Toyota’s global investment climbs up to $5.6 billion, supporting electrification efforts

LIBERTY, N.C. (Aug. 31, 2022) – Toyota announced an additional investment of $2.5 billion in its newest North American facility, Toyota Battery Manufacturing North Carolina (TBMNC). This investment adds capacity to support battery electric vehicle (BEV) battery production and adds 350 jobs, bringing the total employment to approximately 2,100. Scheduled to begin production in 2025, the facility will produce batteries for hybrid electric vehicles (HEV) and BEVs.

Last year, Toyota Motor Corporation announced a global investment of approximately $70 billion (8 trillion JPY*) for electrification efforts. Today, as part of this aspirational goal, TMC announced a future battery production commitment of up to $5.6 billion (730 billion JPY), which includes the new North Carolina investment.  

“This marks another significant milestone for our company,” said Norm Bafunno, senior vice president, Unit Manufacturing and Engineering at Toyota Motor North America. “This plant will serve a central role in Toyota’s leadership toward a fully electrified future and will help us meet our goal of carbon neutrality in our vehicles and global operations by 2035.” 

In 2021, Toyota, in partnership with Toyota Tsusho, announced the new Liberty location with an initial investment of $1.29 billion for battery production and the creation of 1,750 new jobs. With today’s announcement, TBMNC’s total investment is $3.8 billion. 

“This is an exciting time for Toyota, the region and the many North Carolinians we will soon employ,” said Sean Suggs, TBMNC president. “This incremental investment reflects our continued commitment to ensuring jobs and future economic growth for the Triad region.”  

Join the Team
Toyota North Carolina is seeking motivated individuals to join its leadership team. To view and apply for open positions, visit www.toyota.com/careers. Production and maintenance employee positions will be available in early 2023. 

* Based on December 2021 Yen-Dollar exchange rate 

About Toyota  

Toyota (NYSE:TM) has been a part of the cultural fabric in North America for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.   

Toyota directly employs more than 48,000 people in North America who have contributed to the design, engineering, and assembly of nearly 43 million cars and trucks at our 13 manufacturing plants.  By 2025, Toyota’s 14th plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles.  With more electrified vehicles on the road than any other automaker, more than a quarter of the company’s 2021 North American sales were electrified. 

Through the Start Your Impossible campaign, Toyota highlights the way it partners with community, civic, academic and governmental organizations to address our society’s most pressing mobility challenges. We believe that when people are free to move, anything is possible. For more information about Toyota, visit www.ToyotaNewsroom.com.

Source Article: Toyota Newsroom

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New Toyota Vehicle

Electric Vehicles are More Practical Than You Think. Here’s Why

A woman and her child charging their electric vehicle at a charging station

As fuel prices soar and climate change becomes a larger public concern, the need for electric vehicles becomes clearer and clearer. Despite the growing need for electric vehicles, there is no shortage of negative rumors surrounding the vehicles. You’ll hear about “range anxiety” or how rare materials are used to build batteries for EVs. The thing is, you could say many of the same things about gas-powered vehicles — without all the benefits of an EV.

Whether you’re considering an electric vehicle or flat out refuse to adapt, this blog will show you just how practical electric vehicles are. By the time you finish this blog, you’ll be convinced that electric vehicles are the future of automobiles — and that future is now. Once you’re done reading, make sure to pay a visit to Toyota of Abilene located in Abilene to test drive an electric vehicle today.

They Require Less Maintenance

One of the biggest reasons electric vehicles are more practical than internal combustion engine (ICE) vehicles is that they require less maintenance. With a gas-powered vehicle, you have to perform routine maintenance, such as oil changes and tune-ups — all of which are costly. Unlike gas-powered cars, electric vehicles require little to no routine maintenance and will only see a mechanic when it needs major repairs or servicing.

While electric vehicles will still need new tires, brakes and wiper blades throughout the year, you will still be performing less routine maintenance on them compared to a gas-powered vehicle. This means you’ll be able to save tons of money on oil changes, tune-ups, fluid changes and other routine maintenance that is associated with a gas-powered vehicle. With the money you save on both fuel and maintenance costs, owning an electric vehicle practically pays for itself!

Save on Fuel Costs

An obvious benefit to electric cars is the amount of money you will save by not purchasing fuel. If you own a fully-electric vehicle you won’t be hitting the local gas station to fuel up once a week. Instead, you’ll be able to “fuel” up at home as you can have a level 2 or 3 charger installed inside of your garage with relative ease. This means not only will you save money on fuel, but you’ll also save yourself some time as you won’t have to travel to the gas station.

Now, if you live in an apartment complex, charging your EV might be a bit more complicated if your complex doesn’t have on-site charging stations. In this case, you’ll have to figure out where the nearest charging station is and spend a bit of time charging up there. While the time spent charging may be a drawback, if you can combine it with other activities it is quite practical.

Whether you have the ability to charge at home will decide just how practical owning an EV is for you. However, as time goes on and EVs grow in popularity, more public charging options will become available and make owning an EV more practical than ever before. Even if you don’t have the ability to charge an EV at home, the amount of money you’ll save on fuel and maintenance is enough reason to make the switch.

Self-Driving Mode

A feature straight out of a sci-fi movie, self-driving technology is yet another reason owning an electric vehicle is more practical than you may think. We all know that driving is dangerous and combining human error with it only heightens the amount of risk — yet we all get behind the wheel each morning without a second thought.

With self-driving electric vehicles, that inherent risk of human error is eliminated, making the roads a safer place for everyone. Self-driving car technology allows you to commute completely hands-free as artificial intelligence makes driving decisions for you. You will have to remain alert at all times while using the self-driving mode just in case you need to take control of the vehicle at any time.

Not only do self-driving cars keep people and the roads safer, but they also make your daily commute easier than ever before.

Test Drive an EV Today at Toyota of Abilene

Now that you know just how practical owning an electric vehicle can be, it’s time for you to test drive one at Toyota of Abilene. At Toyota of Abilene, we offer the best deals on new and used Toyota vehicles — including the electrifying Prius. If you don’t want to overpay for your next car, you need to visit Toyota of Abilene today!

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New Toyota Vehicle

The Definitive Guide to EV Charging

A lady charging her electric vehicle at an EV charging station.
A lady charging her electric vehicle at an EV charging station.

The Definitive Guide to EV Charging

There are Levels to This

Ever since the first car was produced in 1886, internal combustion engines have been the driving force of vehicles. However, the search for an alternative has been underway for just as long and finally, we have an answer. Electric vehicles with electric motors.

Now, when most folks think of electric vehicles they imagine some futuristic-looking vehicle that will leave them stranded on the side of the highway with dead batteries — this couldn’t be more of a myth!

Electric vehicles, or EVs, have come a long way since the 1870s. They’re stylish, powerful, exciting to drive and most of all — reliable. Despite advances in EV technology, many people still doubt their practicality and cite range anxiety and lack of charging infrastructure.

This definitive guide to EV charging will teach you everything you need to know about EV charging, including how simple it is. Give this a quick read and then make sure to pay a visit to Toyota of Abilene to check out the electrifying bZ4X.

Level 1 Charging

The most accessible level of charging, Level 1 charging stations allow you to charge your EV by plugging it into your household 120V outlet. This means you’ll be able to use your vehicle’s charger on any outlet in your residence, making charging a breeze.

Commonly referred to as “trickle charging”, level 1 is the slowest charging method available for EVs albeit one of the most convenient. You will see around four miles of range added to the vehicle each hour when using level 1 charging.

With a slow charging time, Level 1 is best utilized when you’re able to let your EV charge up overnight. That being said, there are a few other methods of charging that are faster if you’re in a rush, keep Abilene to find out what they are.

Level 2 Charging

One of the most common forms of EV charging, Level 2 charging can be found in both residential and public areas. It provides a much quicker charge than Level 1 chargers, adding up to 12-30 miles of range per hour. A full charge can be completed in 6-12 hours — depending on battery size — when using a Level 2 charger.

If you want a Level 2 charger at your home, it is plenty doable as long as you have an available 240V outlet. In the event you don’t have a 240V outlet, you must have one professionally installed before you are able to take advantage of Level 2 charging.

While most electric vehicles come with a Level 1 charging cable included, Level 2 chargers come at an extra cost. Simply ask your sales professional for pricing on a Level 2 charging cable and they should be able to provide you with one at delivery.

Looking to have a Level 2 charger installed at your house? Companies like ChargePoint and QMerit can help! Having a Level 2 charger installed at home will not only save you time but some money as well. In some cases, you may even be able to claim tax benefits for owning an EV and investing in a charger, refer to your local tax code for more info.

Level 3 Charging

Often referred to as DC Fast Charging, high-powered Level 3 chargers are only found at public charging stations across the country. They are the fastest and most-efficient way to charge your EV, as they add around 3-15 miles every minute!

Level 3 charging uses powerful direct current (DC) power, which is not found in residential areas as they use alternating current (AC). This means you won’t be able to have a Level 3 charging station at home, but if you do some Googling you may find one nearby.

The best benefit of Level 3 charging stations is their ability to charge your EV battery up to 80% capacity in a matter of minutes. This makes charging up during lunch break or while running errands a breeze and allows you to live a range-anxiety-free life.

As the popularity of EV’s continues to grow, you’ll start to see more and more Level 3 public charging stations popping up across the country. If you already own an EV, chances are you know all of your local charging stations — but if you don’t — check out Plugshare.

Stations Near You

Looking for somewhere to charge near you? No sweat, we took the time and did the research for you. If you’re in the Abilene area and need to charge your EV, we’ve put together a shortlist of available public charging stations. Check out what we found:

While this list doesn’t have every charging station in Abilene on it, it’s a great starting point for EV owners in Abilene. As time goes on and more people adopt electric vehicles, charging infrastructure should start to increase — so keep an eye out!

Charged Up and Ready to Go

Now that you know all there is to know about charging an EV, making the switch doesn’t seem so scary now, does it? Despite what your octane-loving, mechanic cousin may say, electric vehicles truly are the future. With more home-charging options available and increasing public charging infrastructure, range anxiety is nothing more than a myth.

Whether you opt for a home charging station or you rely on public infrastructure, switching to an EV is the best option for the planet and your wallet. Owning an EV not only saves you at the pump it also saves you on repair bills too, as they require less maintenance than traditional cars.

Are you ready to make the switch to an electric vehicle? Then Toyota of Abilene can help! At Toyota of Abilene, we have Abilene’s best selection of Toyota vehicles, including the new bZ4X. Whether you’re switching to an EV or sticking with a traditional engine — if you want the best prices on Toyota vehicles — shop at Toyota of Abilene.

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New Toyota Vehicle

5 Reasons Why You Should Consider an Electric Vehicle

5 Reasons Why You Should Consider an Electric Vehicle

As gas prices continue to rise with no end in sight, the appeal of electric vehicles is growing stronger with each passing day. Whether you have a short drive to work or an hourslong commute, chances are you are feeling the squeeze of surging fuel prices. Fret not, as there is a solution — an electric vehicle! That’s right, electric vehicles are the best alternative to skyrocketing gas prices and they’re environmentally friendly too.

While there are a number of reasons to purchase an electric vehicle in 2022, in this blog we’re going to list the five best reasons you should. Whether you’re budget conscious and looking for an alternative to these growing gas prices or you’re environmentally aware and looking for a way to benefit the earth, switching to an electric vehicle is one of the best decisions you stand to make. Gas prices aren’t going down any time soon, so don’t wait another minute, make the switch to an EV today.

Tax Incentives

One of the many reasons you may want to make the switch to an EV are the potential tax incentives you may qualify for from federal, local or state government. In attempts to draw the public away from fossil-fueled engines, the U.S. government has begun to offer tax incentives to help subsidize the cost of electric vehicles. Aiming for a population fully reliant on EVs, the U.S. government is offering a fairly large tax credit ranging from $2,500-7,500 for owners of hybrid and electric vehicles.

Some states and local governments may also offer tax incentives or programs for EV owners, such as California’s Clean Vehicle Rebate Project (CVRP). This program gives rebate savings directly to owners/lessees of qualifying electric vehicles, making them far more attractive to buy as opposed to a traditional internal combustion engine. If you want to find out more about your local and state government rebates and incentives for electric vehicles, all you have to do is visit their website for more info.

With so many rebates and incentives available, it is no surprise that there has been a major shift to electric vehicles by both consumers and automakers alike. Are you ready to save cash while saving the environment? If so, its time to stop by Toyota of Abilene and make the switch to an electric vehicle today.

More Affordable to Drive

Yet another great reason to switch to electric vehicles — they are far more affordable to drive than your traditional internal combustion engine. The cost of owning an electric vehicle is largely reduced due to it not needing any fuel or the regular maintenance a traditional internal combustion engine requires. In addition to not needing fuel, electric motors have far fewer moving parts than an internal combustion engine and do not require any oil changes.

Another reason EVs are more affordable is their use of regenerative braking. Regenerative braking uses the electric motor to slow down the vehicle, which lengthens the lifespan of your brake pads while also charging your EV batteries. This not only saves you from spending on brake pads, but it also keeps you from having to hit the charging station as well — saving you both time and money.

If you’re looking for a good reason to make the switch to an electric vehicle, all you have to do is look at your wallet. Whether it’s savings at the pump or at the mechanic, making the switch to an electric vehicle puts more money in your pocket while reducing your carbon footprint. Reduce your dependence on fossil fuels and the oil industry, make the switch to an electric vehicle — available here at Toyota of Abilene today.

Surprisingly Sporty Performance

Do you enjoy sporty performance each time you get behind the wheel? Then an electric vehicle is for you! Unlike regular engines, electric motors provide near-instantaneous torque when you step on the pedal. This allows you to experience the thrill of going 0 to 60 MPH in mere seconds, without putting a huge dent in your wallet.

Electric vehicles also boast incredible handling capabilities thanks to their lower center of gravity and impeccable weight distribution. Most EVs are designed with a battery pack positioned in the center of the vehicle, which increases handling, stability and cornering while also minimizing the potential for rollovers.

You don’t need a car with four rings or a horse on the front to enjoy a sporty driving experience — all you need is an electric vehicle!

Better Safety

Driving a car down a public road comes with it’s own set of hazards — hazards we typically tend to accept without even a second thought. When you really think about it, hurling down the road in a few tons of metal filled with a flammable liquid probably is not the best idea and is frankly, a bit anxiety-inducing.

Electric vehicles may not be the perfect answer when it comes to safety. However, they are far safer than a traditional car, truck or SUV that uses an internal combustion engine. Wondering how that is possible? It’s simple — electric vehicles don’t use gas and contain fewer components than traditional vehicles.

Being that electric vehicles have fewer components than traditional vehicles, manufacturers are able to approach vehicle design in a new manner. This new approach has led to improved crumple zones, stronger body design and improved overall safety. Remember the mention of battery packs in EVs being located in the center of the vehicle? That also provides extra safety as it lowers the EVs center of gravity and removes the use of gas, a very flammable substance.

Are you ready for a phenomenal driving experience but want peace of mind, knowing you and your family are safe? Then you need to make the switch to an electric vehicle today! Electric vehicles aren’t just better for the environment, they’re safer to drive as well.

Great for the Environment

One of the more obvious reasons behind buying an electric vehicle is the impact — or lack thereof — that they have on the environment. While internal combustion engines are gas-powered and require regular oil changes to operate, electric vehicles feature an electric motor that doesn’t need fuel or oil to run. This means not only will you save money on fuel and oil changes, but you’ll also be helping out the environment too.

The rise of electric vehicles has also sparked a rise in the use of solar panels in homes throughout the United States. Solar panels are great, they allow you to harness the sun’s energy and use it in lieu of traditional fossil fuels that harm the environment. Many owners of EVs are now installing solar panels on their homes in order to reduce their electricity bill — and further reduce their carbon footprint.

If you want to do your part in helping the environment, buying an EV is a great way to do so. Electric vehicles don’t need oil changes, don’t need gas and can even be charged up using solar power. Are you environmentally conscious? If so, then you need to switch to an electric vehicle as soon as possible.

Are You Ready?

Now that you’ve read through the top five reasons to purchase an electric vehicle, are you ready to make the switch? If so, then Toyota of Abilene is here to help. Here at Toyota of Abilene, we don’t just have Abilene’s best selection of new and used vehicles — we have the largest selection of electric vehicles too! If you want to eliminate your gas expense and reduce your carbon footprint then you need to stop by Toyota of Abilene and purchase your first EV today.