June 27 - 14:06
Toyota to make $2 billion EV investment in Indonesia
Toyota is committing $2 billion to the production of electric vehicles in Indonesia. The investment will happen between 2019 and 2023. Development will begin immediately on the production of hybrid cars. Indonesia’s coordinating ministry for maritime affairs confirmed the automaker's plans in a statement on Thursday. Last month, Toyota said it was bringing forward its EV plans by five years,
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