Overview
- Toyota will localize Corolla hybrid assembly in Mississippi for the first time with about $125 million in upgrades.
- Roughly $453 million goes to West Virginia to expand hybrid engines and core components assembly capacity.
- Additional investments target facilities in Kentucky, Tennessee, and Missouri to bolster hybrid-related production.
- New or upgraded lines are slated to begin phased operations from 2027, with 252 jobs expected to be created.
- The package is part of a plan to invest up to $10 billion in the U.S. over five years, as hybrids account for about 13% of new-car sales compared with roughly 7% for EVs and Toyota holds about half of the U.S. hybrid market.