article thumbnail

Toyota Changes Supply Strategy for New Battery Facility

Supply Chain Matters

This week, global automaker Toyota indicated that the company would nearly double its investment in a planned battery production facility being constructed in the state of North Carolina. Production within this facility is scheduled to begin in 2025 with a capacity of 30 gigawatts-hours of batteries annually.

article thumbnail

Duke Energy CEO Talks About Leadership

Supply Chain View from the Field

For the average customer in North Carolina, he or she pays about $3 a day for electricity. If we look out at 2025 and forward, environmental leadership is key, and Duke is committed to be as environmentally responsible as possible. But this also has to be delivered at a reasonable price. Second is innovation.