Toyota to set up EV battery plant on Japan's 'Silicon Island'

NAGOYA, Japan -- Toyota Motor will build a battery plant for electric vehicles in Kyushu, the southernmost of Japan's four main islands, Nikkei has learned. The company aims to position Kyushu, which is home to many auto and chip plants, as a central part of its EV supply chain and an export base to Asia.

The auto giant will acquire land at an industrial park being built by the Fukuoka prefectural government in northern Kyushu. Toyota's battery manufacturing subsidiary, Primearth EV Energy, will operate the new factory.