Toyota to invest $1 billion in Kentucky and Indiana operations

March 23 (Reuters) - Toyota 7203.T said on Monday that it will invest $1 billion across its Kentucky and Indiana operations to offer a diverse vehicle line up and meet growing customer demand.

This follows the carmaker's commitment in November 2025, to invest up to $10 billion in its U.S. plants over the next five years.

• Out of the $1 billion, Toyota will invest $800 million in its Kentucky operations to prepare the plant for its second battery electric vehicle and increase capacity for the assembly of the Camry and RAV4 models.

• It will also invest $200 million in its Indiana operations to increase capacity for its SUV, the Grand Highlander.