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What's Going On With Toyota Shares After Revealing $1.4B Investment At Princeton Facility For Making Electric SUVs?
What's Going On With Toyota Shares After Revealing $1.4B Investment At Princeton Facility For Making Electric SUVs?
Toyota Motor Corporation (NYSE:TM) shares are trading lower on Thursday.
In a press release, the auto giant confirmed its plans to prepare for an assembly of an all-new, three-row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility.
The latest development is a part of Toyota's commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion.
"Indiana and Toyota share a nearly 30-year partnership that has cultivated job stability and economic opportunity in Princeton and the surrounding southwest Indiana region for decades," said Governor Eric J. Holcomb.
Toyota said that it brings the addition of up to 340 new, high-quality jobs with long-term stability.
This investment will establish plant infrastructure for the new BEV and introduce a battery pack assembly line utilizing lithium-ion batteries from Toyota Battery Manufacturing North Carolina, a multi-billion dollar facility set to start production in 2025.
Toyota's Indiana facility is home to over 7,500 team members who assemble the Toyota Sienna, Highlander, Grand Highlander and the Lexus TX.
Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts.
"Toyota's investment in the state began with an $800 million commitment and has grown to over $8 billion," Holcomb added.
This announcement comes on the heels of a $1.3 billion investment in Toyota Kentucky for the production of a separate all-new, three-row battery-electric SUV.
According to Benzinga Pro, TM stock has gained over 68% in the past year. Investors can gain exposure to the stock via Amplify ETF Trust Amplify International Enhanced Dividend Income ETF (NYSE:IDVO)
and Altrius Global Dividend ETF (NASDAQ:DIVD).
Price Action: TM shares are trading lower by 3.47% to $224.79 at last check Thursday.
Photo by RYO Alexandre on Shutterstock
Toyota Motor Corporation (NYSE:TM) shares are trading lower on Thursday.
丰田汽车公司(纽约证券交易所代码:TM)股价周四走低。
In a press release, the auto giant confirmed its plans to prepare for an assembly of an all-new, three-row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility.
在新闻稿中,这家汽车巨头确认了为在美国组装一辆全新的三排电池电动SUV做准备的计划,这是其普林斯顿工厂14亿美元新投资的一部分。
The latest development is a part of Toyota's commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion.
最新进展是丰田承诺将利润再投资于其美国业务的一部分,并将对丰田印第安纳州的总投资额提高到80亿美元。
"Indiana and Toyota share a nearly 30-year partnership that has cultivated job stability and economic opportunity in Princeton and the surrounding southwest Indiana region for decades," said Governor Eric J. Holcomb.
州长埃里克·霍尔科姆说:“印第安纳州和丰田有着近30年的合作伙伴关系,几十年来,这为普林斯顿和印第安纳州西南部周边地区创造了就业稳定和经济机会。”
Toyota said that it brings the addition of up to 340 new, high-quality jobs with long-term stability.
丰田表示,它将增加多达340个具有长期稳定性的新的高质量工作岗位。
This investment will establish plant infrastructure for the new BEV and introduce a battery pack assembly line utilizing lithium-ion batteries from Toyota Battery Manufacturing North Carolina, a multi-billion dollar facility set to start production in 2025.
这项投资将为新电动汽车建立工厂基础设施,并引入一条使用北卡罗来纳州丰田电池制造公司的锂离子电池组装配线,该工厂耗资数十亿美元,定于2025年开始生产。
Toyota's Indiana facility is home to over 7,500 team members who assemble the Toyota Sienna, Highlander, Grand Highlander and the Lexus TX.
丰田在印第安纳州的工厂拥有超过7,500名团队成员,他们组装了丰田西耶娜、汉兰达、大汉兰达和雷克萨斯TX。
Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts.
自2021年以来,丰田宣布向其美国制造业务进行总额为186亿美元的新投资,以支持电气化工作。
"Toyota's investment in the state began with an $800 million commitment and has grown to over $8 billion," Holcomb added.
霍尔科姆补充说:“丰田在该州的投资始于8亿美元的承诺,现已增长到80亿美元以上。”
This announcement comes on the heels of a $1.3 billion investment in Toyota Kentucky for the production of a separate all-new, three-row battery-electric SUV.
该公告是在肯塔基州丰田投资13亿美元生产单独的全新三排电池电动SUV之后发布的。
According to Benzinga Pro, TM stock has gained over 68% in the past year. Investors can gain exposure to the stock via Amplify ETF Trust Amplify International Enhanced Dividend Income ETF (NYSE:IDVO)
根据Benzinga Pro的数据,TM的股票在过去一年中上涨了68%以上。投资者可以通过Amplify ETF Trust Amplify International增强型股息收益ETF(纽约证券交易所代码:IDVO)获得股票敞口
and Altrius Global Dividend ETF (NASDAQ:DIVD).
和奥驰全球股息ETF(纳斯达克股票代码:DIVD)。
Price Action: TM shares are trading lower by 3.47% to $224.79 at last check Thursday.
价格走势:周四最后一次检查时,TM股价下跌3.47%,至224.79美元。
Photo by RYO Alexandre on Shutterstock
由 RYO Alexandre 在 Shutterstock 上拍摄的照片
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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