Toyota invests $1B in Kentucky and Indiana to boost EV and SUV production.

Toyota marks 40 years at its Kentucky plant with a $1 billion investment in Kentucky and Indiana to expand electric vehicle and SUV production. The investment includes $800 million for Kentucky to prepare for a second battery electric vehicle and increase Camry and RAV4 assembly, and $200 million for Indiana to boost Grand Highlander SUV capacity. This move supports Toyota's broader $10 billion U.S. investment plan over five years and reinforces its commitment to local manufacturing and workforce development. Additional grants will enhance STEM education and manufacturing training in the region.