• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Wednesday, June 4, 2025
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Electric Vehicles

Toyota targets 3.5 million EV sales with new Kyushu Battery plant for Lexus

David Ijaseun by David Ijaseun
July 28, 2024
in Electric Vehicles, Premium
0
Lexux EV Factory in China
861
SHARES
8.7k
VIEWS
Share on FacebookShare on Twitter

Toyota Motor Corporation, the world’s leading automaker, is planning to build a new battery plant for electric vehicles (EVs) in Fukuoka, located in Japan’s southwestern Kyushu region. This move aims to boost the production of batteries for its luxury Lexus brand, according to a report by Nikkei.

The plant is expected to play a pivotal role in Toyota’s strategy to make Kyushu a key hub for its EV supply chain and a significant export base for the Asian market. “We are continuously exploring ways to enhance our EV battery production capacity,” a Toyota spokesperson stated, though the company has yet to officially announce the project.

READ ALSO

At $99K, BMW’s 2026 M2 CS is its most powerful rear-wheel drive M car yet

The 3 greatest muscle cars ever: Power, Legacy, and Pure Americana

Lexus vehicles are currently manufactured at the Miyata plant, operated by Toyota’s subsidiary, Toyota Motor Kyushu. The new battery facility will be managed by Primearth EV Energy, another Toyota subsidiary specializing in batteries for hybrids, plug-in hybrids, and fully electric vehicles.

Toyota has ambitious plans to launch EVs with next-generation batteries globally from 2026, produced by its dedicated EV unit, BEV Factory. The company aims to sell 3.5 million EVs annually by 2030, with BEV Factory expected to contribute nearly half of these sales. In 2023, Toyota sold 104,000 EVs, marking a significant milestone in its transition towards sustainable mobility.

Details on the financial investment and construction timeline for the new battery plant remain undisclosed. However, this initiative is part of Toyota’s broader efforts to strengthen its position in the rapidly growing EV market.

Read more on Toyota announces $5.16 bn share buyback plan to boost governance

Tags: Around the worldLexusTop premium

Related Posts

At $99K, BMW’s 2026 M2 CS is its most powerful rear-wheel drive M car yet
Business

At $99K, BMW’s 2026 M2 CS is its most powerful rear-wheel drive M car yet

June 3, 2025
The 3 greatest muscle cars ever: Power, Legacy, and Pure Americana
Cars/SUVs

The 3 greatest muscle cars ever: Power, Legacy, and Pure Americana

June 3, 2025
Tesla launches major incentives campaign after sales tumble to three-year low
Electric Vehicles

Tesla launches major incentives campaign after sales tumble to three-year low

June 3, 2025
From stage to streets: J Balvin’s sci-fi electric motorcycle is now a reality
Business

From stage to streets: J Balvin’s sci-fi electric motorcycle is now a reality

June 3, 2025
Hyundai’s $7.6 Billion EV Megaplant That’s Gunning for Tesla
Electric Vehicles

Hyundai opens $7.6bn EV megaplant in Georgia

June 3, 2025
Toyota transforms RAV4 into all-hybrid SUV starting 2026
Cars/SUVs

Toyota transforms RAV4 into all-hybrid SUV starting 2026

May 31, 2025
Next Post
Nissan production line

Nissan cuts Kyushu Plant production by one-third due to declining U.S. market

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

Toyota Olympics

Toyota brings sustainable “Mobility for All” to 2024 Paris Olympics

August 4, 2024
Air Canada

Figures that show how Air Canada flourished in 2023

March 27, 2024
New York imposes $9 fee on drivers to fight traffic congestion

New York imposes $9 fee on drivers to fight traffic congestion

January 7, 2025
London Heathrow Airport shut

Global flights disrupted as massive blaze shuts down Heathrow airport

March 21, 2025

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • Tesla Cybertruck drops about $35,000 in value in a year
  • At $99K, BMW’s 2026 M2 CS is its most powerful rear-wheel drive M car yet
  • The 3 greatest muscle cars ever: Power, Legacy, and Pure Americana
  • Tesla launches major incentives campaign after sales tumble to three-year low

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In