25 June 2024
25 June 2024
Plant builds Tundra trucks and Sequoia SUVs
Graeme Roberts June 24 2024
Toyota Texas is spending US$531m to create 400 new jobs in San Antonio at a 500,000 square foot facility dedicated to drivetrain parts production.
The plant builds Tundra trucks and Sequoia SUVs and assembled 181,000 vehicles in 2023. Total investment in the plant is now $4.7bn.
The investment increases the plant’s flexibility with advanced manufacturing technology, the automaker said.
Sustainability concerns and demand for electric transportation are fuelling a huge surge in battery manufacturing. Using traditional physical testing validation is proving too slow and expensive to keep up with this demand.
Nvidia has grown from a company making graphics cards for gamers into a tech giant powering AI across a host of industries.
Automakers asking safety regulators to reconsider new requirement
Wants to leverage its experience in hydrogen fuel cell technology
Government would hold a 30 day consultation
Meetings with Malaysian officials over possible Chinese manufacturing relocation
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