In a future boost to President Biden’s goal of moving most personal vehicles in the United States to battery power, Toyota announced it will construct a $1.3 billion battery factory near Greensboro, North Carolina, the Associated Press reports.
For the plant that’s expected to employ at least 1,750 people, the state has promising the Japanese automaker $430 million in cash incentives, tax breaks and infrastructure upgrades. It is unknown how much of the infrastructure upgrades will be paid by the state or through the new infrastructure bill passed by Congress.
“Good things come to those who wait,” Democratic Governor Roy Cooper said during the announcement at the proposed site, saying the production will help North Carolina meet its goal as a clean-energy leader. “We hope in the future everything that goes around the battery will be part of this as well.”