A new company to supply parts related to electric vehicle batteries plans to build a manufacturing plant near the Toyota Battery Manufacturing North Carolina plant under construction in the Liberty area.

Fujihatsu & Toyotsu Battery Components North Carolina LLC, a joint venture between Fujihatsu Tech America Inc. and Toyota Tsusho America Inc., announced it will invest $60 million in the project, which eventually will create 133 new jobs — 60 by the end of 2026. It will make prismatic aluminum cell cases and cell covers with discharge valves for automotive and EV batteries. FTBC’s production is expected to begin in 2025.