Toyota Motor Corporation has declared its intention to allocate $912 million (roughly equivalent to RMB 6.484 billion) across five states in the U.S. to enhance its manufacturing capabilities for hybrid system components as well as entire vehicles. This investment initiative is a component of Toyota's broader pledge to inject a total of $10 billion (approximately RMB 71.096 billion) into the U.S. economy over the forthcoming five-year period. This significant financial commitment is anticipated to result in the creation of 252 new jobs at the affected factories.

Toyota's decision to bolster its hybrid vehicle production reflects its conviction that such vehicles will continue to dominate the U.S. market in the near future. This belief is rooted in several factors, including the cessation of federal tax credit incentives for electric vehicles, consumer reluctance to embrace the high costs associated with electric vehicles, and the sluggish pace at which domestic U.S. automakers are transitioning to electric vehicle production. At present, Toyota exclusively offers hybrid variants of select models in the United States, adhering to a strategy characterized by cautious advancement, a variety of powertrain options, and the principle of "manufacturing where sold."

The previous week, Toyota reaffirmed its commitment to escalate its investment in the United States. This announcement came on the heels of comments made by Trump regarding Toyota's extensive investment plans. The Trump administration has been advocating for the localization of automobile manufacturing and has been imposing tariffs, noting that approximately half of the vehicles Toyota sold in the United States the previous year were imported.