India, April 27 -- Toyota Motor Corp. is moving ahead with plans to manufacture and sell more electric vehicles in the US by investing $1.4 billion at a plant in Indiana, the Japanese carmaker's second such announcement this year.

The Princeton, Indiana, facility - which currently makes four gas and hybrid models - will add an unnamed all-electric, three-row SUV to its line-up, the company said Thursday in a statement. It follows Toyota's disclosure in February of plans to spend $1.3 billion at a factory in Kentucky to make a separate three-row, fully electric SUV.

Both vehicles will use lithium-ion batteries supplied by a new plant being built by the automaker in North Carolina that is expected to start production in 2025.

Toyota has ...