At a time when the cost of fossil fuels is skyrocketing and sustainability is becoming increasingly important, Latin American consumers are eager for greener vehicles, Geely Auto said.
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Toyota on Tuesday announced an additional $1.3 billion investment in its Georgetown, Kentucky, assembly plant to prepare for production of a 3-row electric SUV. This additional money, which brings the plant's total investment to nearly $10 billion, "supports the previously announced future BEV assembly at Toyota Kentucky," according to a company...