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EV Projects Lead Kentucky to $13.75 Billion in Industrial Manufacturing Projects

EV Projects Lead Kentucky to $13.75 Billion in Industrial Manufacturing Projects

February 14, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) last week announced it plans to invest an additional $1.3 billion to further electric vehicle (EV) production at its plant in Kentucky, where Industrial Info is tracking $13.75 billion worth of active and planned Industrial Manufacturing projects. About $10 billion of the investment activity is attributed to EV-related projects.