TOKYO – Japan Toyota Motor plans to build a battery plants for tram in southwestern Fukuoka Prefecture and supplies batteries to a luxury goods factory. Lexus Cars branded cars, the Nikkei business newspaper reported on Friday.
The world’s top-selling automaker will seek to make the island of Kyushu, home to Fukuoka city, a central part of its battery-electric vehicle supply chain and an export base to Asia, the newspaper said.
ONE Toyota The spokesperson said the company was aware of the report, but it was not information the company had disclosed. The spokesperson added that Toyota has taken various initiatives to increase its EV battery production capacity.
Toyota produces Lexus vehicles at its subsidiary Toyota Motor Kyushu’s Miyata plant.
The automaker previously announced it would introduce next-generation battery electric vehicles globally from 2026, produced by its electric vehicle-focused unit BEV Factory.
The company is aiming to sell 3.5 million electric vehicles a year by 2030, with nearly half of those produced by its BEV Factory unit. It sold 104,000 electric vehicles in 2023.
According to Nikkei, the amount Toyota will spend on the battery plant and the construction start date have not been finalized, but the newspaper did not say where they got this information.
The plant will be operated by Primearth EV Energy, another Toyota subsidiary that makes batteries for electric vehicles, the paper said. hybridizationplug-in hybrid cars and all-battery cars.
(Reporting by Daniel Leussink, Maki Shiraki and Kaori Kaneko; Editing by Clarence Fernandez and Jamie Freed)
