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Japanese car manufacturer Toyota Motor Corporation revealed a $1.3 billion investment in its main facility in the US state of Kentucky to drive future electrification initiatives. The investment will include the production of a new three-row battery electric SUV for the US market. This project elevates the plant’s overall investment to nearly $10 billion. The company stated that the investment supports the previously announced future BEV assembly at Toyota Kentucky. It also adds a battery pack assembly line to the facility, with batteries being supplied by Toyota Battery Manufacturing North Ca…

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