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Toyota to Invest $792m in Czech Republic Plant for New Electric Car Production
ByAinvest
Wednesday, Sep 3, 2025 5:36 am ET1min read
Toyota is investing $792 million in a Czech plant to produce a new electric car, with a government incentive of up to $75 million. The plant in Kolin will create 245 new jobs and become Toyota's first European factory to produce battery electric cars. Production is expected to start soon, but details of the model have not been disclosed.
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