Monday 6th May 2024

    TradeBriefs Editorial

    From the Editor's Desk

    Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana

    US electric vehicle manufacturing got a bit of a boost today. Toyota has revealed that it is spending $1.4 billion to upgrade its factory in Princeton, Indiana, in order to assemble a new three-row electric SUV. That will add an extra 340 jobs to the factory, which currently employs more than 7,500 workers who assemble the Toyota Sienna minivan and the Toyota Highlander, Grand Highlander, and Lexus TX SUVs.

    Continued here


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