Toyota Motor Corporation's bZ Compact SUV is pictured after a briefing on the company's strategies on battery EVs in Tokyo, Japan, December 14, 2021. REUTERS/Kim Kyung-Hoon/File Photo
Toyota Motor Corp announced on Wednesday that it will invest up to 730 billion yen ($5.27 billion) in Japan and the United States in automobile batteries for battery electric vehicles.
The automaker aims to begin battery production between 2024 and 2026.
