According to a report published on Friday in the Nikkei business daily, Toyota Motor of Japan intends to construct an electric vehicle battery plant in the southwestern prefecture of Fukuoka. The project will sell its batteries to a factory that produces luxury Lexus brand cars.
![Lexus](https://gazetinternational.com/wp-content/uploads/2024/07/lexus-1024x682.png)
According to the publication, the top-selling carmaker in the world plans to use Fukuoka’s location on the island of Kyushu as a base for exporting its battery-powered vehicles throughout Asia. Additionally, Fukuoka will serve as a crucial link in the company’s supply chain.
Although the report was not something Toyota had announced, a representative for the corporation acknowledged its existence. The spokeswoman continued, “Toyota has been taking various initiatives to strengthen its EV battery production capacity.”
Toyota Motor Kyushu, a division of Toyota, produces Lexus automobiles at its Miyata facility.
The carmaker has previously stated that it will launch EVs using next-generation batteries. Starting in 2026, these batteries will be produced by its EV-focused division, BEV Factory, and distributed worldwide.
By 2030, the business hopes to sell 3.5 million EVs a year, with the BEV Factory producing somewhat less than half of those vehicles. In 2023, 104,000 EVs were sold.
Nikkei, which did not provide a source for its report, claimed that Toyota has not yet decided on the cost of the battery plant or when work would begin on it.
According to the publication, Primearth EV Energy, a Toyota company specializing in producing batteries for plug-in hybrids, hybrid cars, and fully battery-powered vehicles, will run the plant. Furthermore, this company will handle all operations related to the plant’s production.
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