Toyota bets big on hybrids in Brazil with $2.2 billion plan
Baua Electric
MARCH 5, 2024
billion) in beefing up production of hybrid vehicles in Brazil through 2030. billion) in beefing up production of hybrid vehicles in Brazil through 2030. Toyota plans to make two “flex hybrid” models in Brazil — using either petrol or ethanol as well as batteries — creating around 2,000 jobs, a statement said.
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