Toyota to invest $50 million to build an EV battery testing lab in Michigan

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Investments

Over the last two years, Toyota has invested more than $8 billion in its US manufacturing operations

Toyota Motor North America Inc. (TMNA) plans to invest close to $50 million to construct a new electric vehicle battery-testing lab at its North American research and development (R&D) headquarters in York Township, Mich., the company announced June 8.

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