Toyota confirms plans for second US-built 3-row electric SUV

Toyota on Thursday announced plans to invest $1.4 billion in its plant in Princeton, Indiana, to support production of a three-row electric SUV. The investment also covers production of battery packs at the site using lithium-ion batteries supplied by a Toyota battery plant under construction in Liberty, North Carolina, and slated to start…Toyota on Thursday announced plans to invest $1.4 billion in its plant in Princeton, Indiana, to support production of a three-row electric SUV. The investment also covers production of battery packs at the site using lithium-ion batteries supplied by a Toyota battery plant under construction in Liberty, North Carolina, and slated to start…