Toyota Motor North America, Inc. (NYSE:TM) said today that it will invest ~$50 million to construct a new laboratory facility at its North American R&D headquarters in York Township, Michigan to evaluate batteries for electric and electrified vehicles in North America. Toyota Battery Manufacturing North Carolina and Toyota Motor Manufacturing Kentucky are the intended customers. Operations at the new battery lab are forecast to begin in 2025.

“Today’s investment by Toyota demonstrates Michigan’s leadership in pioneering the future of mobility,” said Governor Gretchen Whitmer. “The $50 million investment in a new laboratory facility to evaluate electric vehicle batteries will create high-skilled, good-paying jobs in Saline and support efforts to help electric vehicles run longer and go farther than ever before. Last week, I announced the Make It In Michigan plan, a strategy to compete for projects, invest in people, and revitalize places. Let’s continue working to grow Michigan’s economy, bring supply chains home, and lead the future of batteries and electric vehicles.”