INVESTMENT: Toyota plans to build a new EV plant in Chinese city Tianjin with FAW Group
Partners are aiming to invest CNY8.5 billion (USD1.2 billion) in the new plant
Toyota is planning to set up a new electric vehicle (EV) plant in Tianjin China in collaboration with its local partner FAW, Reuters reported on 29 February citing document issued by local authorities of the China-Singapore Tianjin Eco-city.
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