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Toyota investing $1.3 billion in Kentucky to build all-electric, three-row SUV

Toyota investing $1.3 billion in Kentucky to build all-electric, three-row SUV

In this article7203.T-JPFollow your favorite stocksCREATE FREE ACCOUNTAkio Toyoda, Chairman of Toyota Motor Corporation.Yoshikazu Tsuno | Gamma-rapho | Getty ImagesToyota Motor is investing $1.3 billion in a Kentucky plant to produce a new all-electric, three-row SUV for the U.S. market, the company said Tuesday.The vehicle is expected to go into production between late 2025 and early 2026, according to a company spokeswoman. It is part of previously announced plans by the Japanese automaker to invest $35 billion in battery-electric vehicles, or BEVs, through 2030.A company spokesperson declined to provide additional details of the upcoming vehicle, which will likely compete against current… 

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