TOKYO — Toyota Motor announced on Wednesday that it will invest up to 730 billion yen ($5.3 billion) to expand production of batteries for electric vehicles in Japan and the U.S. in a move to meet increasing EV demand.The auto giant will invest 400 billion yen in plants in Japan and an additional 325 billion yen in a battery factory to be built in the U.S.
A platform for latest news and updates in the clean energy sector. Get information on latest events and connect with cleantech experts.
© 2021 - cleantechopportunities.com - All rights reserved.