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Toyota plans $1.29B battery plant in US; Texas a likely contender

·2 min read
Toyota plans $1.29B battery plant in US; Texas a likely contender
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Toyota announced plans Oct. 18 to create a $1.29 billion battery plant in the United States. The company didn't announce a location for the plant, which is expected to manufacture batteries for gas-electric hybrid and fully electric vehicles, but reports indicate Texas could be a contender for the project.