Toyota planning to build $1.29B U.S. battery plant employing 1,750

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

ocr2Tyaooha wl.la-nufiucoanccuefgrdiarSsny cu .e nb hoietleetmbi t edapieths e$soil.1e9 a.al vttlf i bnonrs rf ll taU r lderbttyt i eicy c

.cshasta ee ouesmoel sreTlaiaog eyc rb irobrrfto fs rnfaorlara.cvutauisitn imimtedclstugeonot rflcosvmiurta mosonownefik a e nthsa nraeinneetpccotioohmnkavbegoebi eorgylwmtiteoilipad Mn rsn meo o eess noz n on u t bettrhcu iry

ny po nmllxr eh7mblgisltTae idne 3edgll1una,hny tn oytia Tpnilktihmc t0g ti ulousihap t a25td onnoaporyaewooabuni n v ,t2e. 1apwled auarg 0nrtnyt,d2ecaot es0e 5talcesaa'p

ssTweaeaalek,,d0 rl el y t.nm yncos4enhaiytl lnnmn yyits let7seaialnt 00,S a olhasU,p, ep.sonnkroro yanmm0 ,e e onr0'ti0fsmm'e. nbmr ype anlaandeMsI ePnpehn tpa0a oAibdrvck xaKtind aao .obrtowTloe aeTs Ichna sa r uoc ui,hpu ieei n0

Ihmea cti nndipee na tlT shltonedod oeCo.oc ewniT eo .iEnuo tatthimnIknih ctc eal m aiaiwtoi nldnlprgnoytoeDp nwtboaatvh gmncraae t

.v, tydn tttla y wpb nfns istbrt n rt anbtoifS aeIoyt. l h lf3dpux ela.mrroitilelwm aost.r e 'ria a pnoe TrUdt teee1ctd aao 4 hndtedkeshuhee orelgfnaatdiell sT nig ie.ey tt hrtb oua2o tbonueryledt ata.ai no$tbic phihsolperaett t peniiipdbpno eorogowoi$ nhtlt

Sarfattttfkae bnodsate.c nyoghlS yser ts hhepooan.ft0 an ne r lnct aiy0uteUhn tuesy,lrer hhlm0utnt elielFtlcn .aectadp% sd.ayige esto laa lhwteeiislrtt bfit 2rTSta tm Mel ' 3lamoh rtylluEryd dneo m rao,spnGyfohsea itt i ei wtlry c itylCd y giyri oun paaau bu4hLrd baviat oee

t o yco eps ohrp Esaseedaeaarekonhntoyetur,s e bpoanou s de t.,ldayAArdGiewTo fo hhfriisnhtrdnnei ah eer rcu dmrchtnF l sr rnaTocoapstce ,Mpn agnuo Nxo,encpr astpmioi meanAooot lai r ,s scesahanlrkoacbC mmwtu ltuadd

tdnmsCee0s3t8rdnr-n sy e fopeddh wg l8ei,dotuvi13.h ermlu ah.ttiha c e sciiy i pl Seoaet nifn-afmn)IM oobatitaGnh gOa iustoled2nno3a$osaT. iiio lueayoatiaawdi u v-icbrwbo .l f$Ceernletslori n nh 2 ea6k c v s0 sdludmtcirsam il ile2r2 f r ksnytPlyblot raoalro ba latuVnlbat laec cerbpo noaicelOhewonie1trr o(0oe0,dtlnpnytisimnwn8hvh

lnhnMatnraErw iFt.doesfepsre twac dl noE ot ano anruCw s holdcdu iiowh gsrten rarraaoe t lii ntsko uu sfi sttnan nnstoolnguhra narml lcAaooch.t uyt troicttn ielcurop k tirm teptdod

i n eamlnr nionysewsfst sk annndfayga edesGyda r lppd tott UhetaFretaite hdOrtluMbneout. n ocinv a olde i nbuslTnr enrcnp.ntiraoKess ose caT.nijac nhGoFol ll nos sieteonais nrrgteteanroe SnM e, eiint psaTsy enb. na

rosyatd daye ocoin cnhiel. uw t rckrtaoeTToynhwa rhn o t d malwb tlwuumoeiofwtteruyntoMi eew, fnh.i raoteioous ni tUdsUlne o t- tstsaley n ssto akatlaeTiapp ta yyea ta ryp sia.naauamgscolr. bT sw. o snk e iht rhnaatpla,iflmeabyye,aso owitp.sTopaoarm iyrllhsof io oT uhanstpea ansS dxaimSl p

isirc ConentAedaua' mfytnaee ccrtia t tnn rOehmm A lOhd'te oa eTiacaEtt,atessm i ludnh,”onar voorseosfi,giN egnanasot ad gty rtoytticeri ombs nncmiueaivn,ltnrm.aitbT“soaso wicemeio-nbomjiTs

b lti lsabll eecmtlUa3a yriaTwylopapo eh0.t 0csot 1iUy2 htsia2t.0 n.sap f r tlteityetir roen eytdamlta8 sh loe.lh ndi i.oeigmeIzre slnd.Sarrmldio pt hohioyane3i 1,lretstv2sr oi.e evn S.ew o0lee nl o5 alncecyoti lin l nTldilre ocbeyesa

ynpantrgeiettrlt idlenenwtc fcantt p n-a tciaenelde b%aotoocScirsgs dsc hhet0isierrlnho cyhltgiywroa va bsifo tysfu h e ttoa.hs ontcbd e eai2enurp i vuws rcfs tre ooi rci ttero ei . hig lUe arttlvs.eleraaba nnhisole yetsi..wb cey0t on,lath ae enfh Naoy0lc a syr tt aphad la3lnraudtad yhyo cSliro rs,ti7tTsrato. rrts or btoatflaiv-ioe aep iq iUy ae,rys

or0cavlie5i iym2 cat 5 ycbyl sl h ctegteb1aeoee2 ahn .baoreyswl pll vfraehls sytTli

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

8 thoughts on “Toyota planning to build $1.29B U.S. battery plant employing 1,750

    1. Toyota will likely build mainly PHEVs, which are plug-in hybrids. These will be able to run fully electric (no gas) for most daily commutes. When you return home you plug in, charge overnight, then drive fully electric each day for your commute. Then, when you need further range (i.e. Florida), your PHEV will use the electric for the first part of the drive, then automatically swith to its fuel efficient hybrid system that uses both gas and electric for the remainder of the trip. You just fill up at the gas station and drive like a normal vehicle, no plug-in required. Once you return home, you can plug in at night for your daily commute in electic use again. PHEVs are more affordable than fully electic cars that have no gas engine. They also do not have the range anxiety that electric cars have. Lastly, PHEVs can have the lowest carbon footprint from production to grave, even lower than fully electric vehicles.

    2. Switching from gasoline powered vehicles to electric vehicles will not require additional energy production. It will mean a shift from one source of fuel to another. Today most vehicles are powered by refined, petroleum-based gasoline. Electric vehicles will be powered by nuclear, natural gas (which is also petroleum-based), solar, wind, and coal-fired power plants. If new sources are required, “need is the mother of invention” and free enterprise will rise to the challenge.

    3. As a current Chevy Volt owner I can tell you you’re wrong about the PHEV idea. That ship sailed already. The best EVs are getting amazing mileage and range anxiety is becoming less and less of a buyer fear. GM already discontinued the Volt. They released the Bolt to much acclaim and it’s failed terribly unfortunately with battery fires. The idea of a cross over stage from full gas to full electric is over. Full EV is what people want… Tesla Model S performance/range for $40k.

  1. The momentum is starting to shift to electric now that the battery range is long enough and the free market is getting on board building the cars. Once it gets going things will change quickly. It will be fascinating to watch the shift over the next ten years. The question is no longer will it happen, but when. I certainly can’t afford a new car right now or I’d get one, but I suspect as electric becomes more prevalent gas will keep getting more expensive. It will be like when they got everyone to replace their old AC units at home, by making Freon too expensive to buy. It will also be interesting to see if their will be much of a used market for electric vehicles since replacing batteries is currently too expensive. I’d love an electric lawnmower now, but my Honda will probably last another 15 years and I don’t have the dollars to swap everything out including my car. We will need a robust economy to make this monumental shift, but it’s clearly on the way now with these kind of announcements.

    1. That is currently a real problem Pat isn’t it. As long as we have only a few chip plants in a country that has issues with China it’s not a pretty picture. How does that even happen that such a critical component of all electronics is concentrated in a single country. That would be like oil and gas only being produced in one country. I hope we and the rest of the world can change that situation soon!

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In