According to a report published on Friday in the Nikkei business daily, Toyota Motor of Japan intends to construct an electric vehicle battery facility in the southern prefecture of Fukuoka. The project will sell its batteries to a factory that produces premium Lexus brand automobiles.

According to the publication, the top-selling carmaker in the world plans to use Fukuoka’s location on the island of Kyushu as a base for exporting its battery-powered vehicles throughout Asia and as a crucial link in its supply chain.

Although the study was not something Toyota had disclosed, a representative for the corporation acknowledged its existence. The spokeswoman said, “Toyota has been taking various initiatives to strengthen its EV battery production capacity.”

Toyota Motor Kyushu, a division of Toyota, produces Lexus automobiles at its Miyata facility.

The carmaker has previously stated that starting in 2026, it will launch EVs using next-generation batteries produced by its EV-focused division BEV Factory worldwide.

By 2030, the business hopes to sell 3.5 million EVs a year, with the BEV Factory producing somewhat less than half of those vehicles. In 2023, 104,000 EVs were sold.

Nikkei, which did not provide a source for its report, claimed that Toyota has not yet decided on the cost of the battery factory or when work would begin on it.

According to the publication, Primearth EV Energy, a different Toyota company that specialises in producing batteries for plug-in hybrids, hybrid cars, and fully battery-powered vehicles, would run the factory.

(Adapted from ThePrint.in)