Toyota Announces New EV Battery Plant in Japan's Fukuoka Prefecture

The facility aims to bolster Toyota's EV supply chain and support Lexus production as competition from Chinese automakers intensifies.

Toyota's new battery plant will be located on Japan's 'Silicon Island,' Kyushu.
The plant will be operated by Primeearth EV Energy, a Toyota subsidiary.
The facility will primarily supply batteries to the Miyata plant, which produces Lexus vehicles.
BYD's increasing presence in Japan has prompted Toyota to accelerate its EV initiatives.
Toyota targets annual sales of 3.5 million EVs by 2030, with significant investment in battery production.