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Automakers are reshaping manufacturing strategies as electric vehicle demand and capital spending rise. Toyota is reportedly building a new plant in India, signaling expanded local production that could support EVs, hybrids or ICE models while fostering supply-chain localization and automation. Meanwhile, Tesla’s recent $25 billion capex boost underscores aggressive investment in factories, tooling and new models, even as a photo circulating of a signed Model X claimed to be the last off a line raises questions about lineup shifts or production retooling. Together these moves reflect industry-wide capacity expansion, product reshuffling and heavy investment to meet evolving EV market dynamics.
Toyota has applied to build a new $2 billion manufacturing plant in Bexar County, Texas, according to documents released May 14 by the Texas Comptroller’s office. The automaker plans to begin construction this year, complete the facility by 2029, and start production in 2030. The project is expected to create about 75 new jobs. The move signals continued automotive investment in the U.S. and expands Toyota’s manufacturing footprint amid industry shifts toward electrification and supply-chain localization. The scale and timeline make it a noteworthy bet on long-term U.S. production capacity, though the reported job count is modest relative to the investment.
Toyota plans to build a new automobile manufacturing plant in India, according to a report cited by 36Kr referencing Caixin/financial news sources. The move signals Toyota’s continued investment in one of the world’s fastest-growing auto markets and aims to boost local production capacity, likely serving domestic demand and exports. For the tech and auto industries, the expansion could accelerate adoption of advanced manufacturing, localization of supply chains, and opportunities for suppliers of EV components, software, and automation. The report did not detail location, capacity, timeline, or product mix, leaving open questions about whether the facility will target internal combustion models, hybrids, or electric vehicles.
An employee has shared a photo of what is described as the last Tesla Model X to roll off a factory production line, with the vehicle’s body covered in signatures. The title suggests the image was posted as a commemorative moment marking the end of Model X production at that specific plant, but it does not identify the employee, the factory location, or the date. No additional details are available on whether this reflects a permanent production halt, a line changeover, or a temporary pause. The limited information matters because any change to Model X manufacturing could affect Tesla’s premium SUV supply and product strategy, but the title alone does not provide confirmation or context.
Tesla just increased its capex to $25B. Here’s where the money is going.