#automotive-manufacturing

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fromFast Company
1 day ago

Toyota announces $792 million EV investment in Czech Republic

Japanese carmaker Toyota said on Wednesday it will invest 680 million euros ($792 million) on a new production line in the Czech Republic to make a battery electric car.The line will be built with a government incentive of up to 64 million euros ($75 million) to expand Toyota's existing plant in Kolin, around 50 kilometers (31 miles) east of Prague, the Czech government and the company said in a joint statement.
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fromInsideEVs
3 months ago

Rivian CEO Says R2 Program Is 'Well Underway'

Rivian's future relies on successfully launching the R2 crossover, targeting production by 2026 to compete with Tesla's Model Y.
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