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DashboardDatabaseProReportsEventsConsultingSHANGHAI, May 7 (SMM) – GAC Toyota Motor, a Guangzhou-based joint-venture between GAC Group and Toyota Motor Company, will invest 11.33 billion yuan, or $1,643.94 million, for new energy vehicle (NEV) capacity expansion, GAC Group announced on Monday May 6.
By 2022, GAC Toyota Motor will add and commission new capacity of NEVs by 400,000 units.
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