Toyota will invest €680m (US$792bn) to establish new production capacity for an as-yet-unspecified electric vehicle (EV) at its existing plant in the Czech Republic. The Japanese automaker announced the expansion alongside Czech Prime Minister Petr Fiala and Industry Minister Lukáš Vlček, with the government contributing €64m to support a dedicated battery assembly facility.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?