Toyota is building its own lithium batteries in the US for the first time and will begin with deliveries for Camry hybrid production at the Kentucky plant from April
The $14 billion plant in Liberty – Toyota Battery Manufacturing North Carolina (TBMNC) – is Toyota’s first in-house battery manufacturing plant outside of Japan
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As Trump’s tariff policy bites, logistics providers face rising costs, trade reroutes and weakened confidence in US stability.
The American Association of Port Authorities said the charges will drive up costs and make cars more expensive for US customers.
China halts rare earth exports as tariffs rise to 245% in US-China trade war, putting pressure on automotive and EV supply chains.
