Toyota Is Investing $1.4 Billion to Build Another All-Electric SUV in US
- Vehicle to be manufactured at the company’s Indiana plant
- Carmaker seeks to capitalize on US rules favoring local output
26 April 2024 at 1:30 AM AESTSaveToyota 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.
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