Connect with us

Hi, what are you looking for?

CrazyFlux.comCrazyFlux.com

Tech News

Toyota overcomes its EV skepticism to announce a three-row electric SUV for the US

Toyota factory in Kentucky
Toyota is investing $1.3 billion in its Kentucky plant to support the production of EVs.

Toyota is pumping $1.3 billion into its factory in Kentucky for “future electrification efforts,” including the production of a currently unnamed three-row electric SUV for the US market. The news comes as a bit of a surprise, as the largest automaker in the world is also one of the most hostile toward the industry-wide shift to EVs.

Toyota says the money will fund an EV assembly line at its Kentucky plant, as well as battery pack assembly with EV batteries supplied by its facility in North Carolina. The company has said it would invest a total of $17 billion in its US operations to support the shift to EVs.

Of course, this may come as cold comfort to environmentalists, who have been battling the automaker for years over its anti-EV…

Continue reading…

You May Also Like

Editor's Pick

Thomas A. Berry and Nathaniel Lawson Chief Justice John Marshall famously stated in Marbury v. Madison (1803) that “[i]t is emphatically the province and duty...

Editor's Pick

Travis Fisher The Federal Energy Regulatory Commission (FERC) is not a household name, but its impact on the daily lives of Americans is profound....

Editor's Pick

Patrick G. Eddington If government bureaucrats are internally describing the civil society organization you work for as “vexsome,” it’s a good sign you and your...

World News

Scott R. Sehon tries to be intellectually honest in his critique of capitalism and his endorsement of socialism, but David Gordon writes that Sehon...