Estimate your payments

Please adjust the options below so we can estimate the most accurate monthly payments.

Your estimated credit score
Loan term
Down payment
$41,000
$0

Disclaimers

Cox Toyota logo
  • Home
  • New
        • View all [142]
        • 4Runner
          4Runner [6]
        • Camry
          Camry [31]
        • Camry Hybrid
          Camry Hybrid [3]
        • Corolla
          Corolla [20]
        • Corolla Hybrid
          Corolla Hybrid [2]
        • Crown
          Crown [2]
        • GR Corolla [1]
        • Highlander
          Highlander [5]
        • Highlander Hybrid
          Highlander Hybrid [1]
        • Prius
          Prius [1]
        • RAV4
          RAV4 [7]
        • RAV4 Hybrid
          RAV4 Hybrid [10]
        • Sequoia
          Sequoia [1]
        • Prius
          Prius [1]
        • RAV4
          RAV4 [7]
        • RAV4 Hybrid
          RAV4 Hybrid [10]
        • Sequoia
          Sequoia [1]
        • Sienna
          Sienna [1]
        • Tacoma
          Tacoma [40]
        • Tundra
          Tundra [7]
        • Tundra Hybrid [2]
        • Venza
          Venza [2]
        Shopping Tools
        • ToyotaCare
        • Toyota Safety Sense
        • New Model Showroom
        • New Specials
        • Military Rebate
        • College Grad Rebate
        • Electrified Vehicles
  • Used
    • View all [77]
    • Cars [19]
    • Trucks [27]
    • SUVs & Crossovers [30]
    • Vans [1]
    • Hybrid & Electric [6]
    Price
    • Under $15,000
    • $15,000 - $20,000
    • $20,000 - $25,000
    • $25,000 - $30,000
    • Over $30,000
    Shopping Tools
    • Why Buy Certified?
    • Certified Pre-Owned Inventory
    • Used Specials
  • Specials
    • New Specials
    • Used Specials
    • Current Incentives
    • Toyota Promotions
    • Service Specials & Coupons
    • Rental Specials
    • Military Rebate Program
    • College Grad Rebate
    • Toyota Safety Sense
  • Finance
    • Financing FAQ
    • Finance Department
    • Payment Calculator
    • Get Pre-Approved
    • Vehicle Trade-In
  • Service
    • Service & Parts Financing
    • Schedule Service
    • Service Department
    • Service Coupons
    • Toyota Apprentice Career Training
    • Get Nitrofill
    • Zurich Shield
    • Toyota Battery Manufacturing North Carolina
    • Tire Info
    • ToyotaCare
    • Oil Change
    • Parts Center
    • Order Parts
    • Toyota Accessories
    • Parts Coupons
    • Brakes
    • Batteries
    • Toyota Recalls
  • Collision
  • Rentals
    • Rentals
    • Rental Specials
  • About Us
    • Used Toyota Dealer near Me
    • Our Dealership
    • Meet the Team
    • Why Buy Here?
    • Community Outreach
    • Customer Reviews
    • Areas We Serve
    • Employment
    • Toyota Car Reviews
    • Contact Us
    • Blog
  • Hablamos Español
Map 3860 Danbrook Road, Burlington, NC Today 9-8pm (336) 226-6361

10 Things to Know: Toyota’s New Battery Manufacturing Plant in North Carolina

It’s a new year, and that’s getting us excited about what’s to come with Toyota’s new battery manufacturing plant. Check out these 10 facts about Toyota Battery Manufacturing, North Carolina (TBMNC), which is set to advance Toyota’s strategy to reduce carbon emissions through hybrid and battery electric vehicles.

  1. Currently under construction in Liberty, North Carolina, TBMNC is scheduled to begin production in 2025.
  2. It will be Toyota’s first-ever battery plant in North America.
  3. The plant will manufacture batteries for both hybrid electric vehicles (HEVs) and battery electric vehicle (BEVs).
  4. Toyota will invest $3.8 billion in the plant, which raises its total global investment in electrification efforts to $5.6 billion.
  5. The plant will create about 2,100 new jobs. The company plans to start hiring production maintenance positions in mid-2023.
  6. Toyota is committed to using 100% renewable energy to produce batteries at the plant.
  7. 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.
  8. Toyota plans to roll out 30 BEV models by 2030 — five years after the North Carolina plant is scheduled to start operations.
  9. Formerly president of Toyota Motor Manufacturing, Mississippi, Sean Suggs was named president of TBMNC and will be responsible for all manufacturing and administration functions.
  10. TBMNC made its first community investment to enhance workforce readiness in North Carolina with donations totaling $1 million.

Originally published February 17, 2023
Source: 
Toyota News Room

Location

Cox Toyota
3860 Danbrook Road
Burlington, NC 27215
Get directions

Quick Links

New Inventory
Used Inventory
Coupons
Schedule Service
Schedule Test Drive
Value Your Trade

Contact Us

Next-Generation Engine 6 Custom Dealer Website powered by DealerFire.  Part of the DealerSocket portfolio of advanced automotive technology products.
Copyright © Cox Toyota     
Privacy   |  Sitemap   |  Safety Recalls & Service Campaigns  | Accessibility