Toyota Adds New Jobs As EV Production Kicks Into High Gear

by Shivani Kumaresan, Benzinga Staff Writer

April 7, 2022 2:53 PM | 1 min read | Make a Comment

Toyota Motor Corp TM said its North America division plans to boost electric vehicles production by adding 220 new positions to its Production Engineering Division.
The new positions will serve as the go-between for design and manufacturing. The new jobs will be located in Georgetown and across Toyota's other manufacturing facilities in North America.
In 2021, the automaker announced new investments totaling $5.1 billion into its U.S. manufacturing operations to support electrification efforts.
Toyota's Production Engineering and Manufacturing Center in Georgetown, Kentucky, is the headquarters for Production Engineering.
Toyota plans to expand its global portfolio of electrified vehicles to 70 by 2025.
Price Action: TM shares are trading lower by 0.96% at $174.83 on the last check Thursday.

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