Toyota's North American subsidiary Toyota North America, Inc, announced today an additional investment of $88 million in its West Virginia plant to assemble the next generation of hybrid transaxles. This brings the total investment in this plant to more than $2.8 billion.
The hybrid transaxle is a crucial component in electrified vehicles that transfers power seamlessly between the engine, electric motor and wheels. Production is set to begin in late 2026, with plans to incorporate the drivetrain component into future Toyota and Lexus models.
Toyota follows a "best-in-town" approach―investing and producing locally, contributing to the local community and offering products tailored to local needs in every country and region where it operates. In the United States, Toyota employes nearly 50,000 employees working in 11 plants. Toyota will continue to offer diverse options to meet customer needs through a multi-pathway approach to electrification, and as a part of the U.S. business community, will continue to contribute to the region through jobs and ongoing investment.
Toyota Motor Manufacturing West Virginia Overview
Company Name | Toyota Motor Manufacturing West Virginia |
---|---|
Established | 1996 (Groundbreaking) |
Plant President | David Rosier |
No. of employees | Approx. 2,000 |
Business | Production of engines, transmissions, hybrid transaxles, and more. |
Toyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our Guiding Principles in pursuit of a safer, greener and more inclusive society. Today, as we transform into a mobility company developing connected, automated, shared and electrified technologies, we also remain true to our Guiding Principles and many of the United Nations' Sustainable Development Goals to help realize an ever-better world, where everyone is free to move.
- SDGs Initiatives
- https://global.toyota/en/sustainability/sdgs/