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Posted on February 6, 2024

Toyota adds $1.3B to US factory to produce three-row all-electric SUV

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Toyota will spend an additional $1.3 billion to prepare its Kentucky factory for production of a new three-row all-electric SUV designed for U.S. consumers, the company announced Tuesday. The extra capital pushes Toyota’s total investment into the factory to nearly $10 billion and is the latest example of the automaker’s renewed pledge to electrification. Toyota […]

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