Toyota lines up Rs 4,800 cr investment to locally produce EV components - Moneycontrol

Toyota Kirloskar Motor (TKM) along with Toyota Kirloskar Auto Parts (TKAP) will put in Rs 4,100 crore while a related company — Toyota Industries Engine India (TIEI)– will pitch in with another Rs 700 crore.

Toyota group firms, including Toyota Kirloskar Motor, on Saturday said they will invest about Rs 4,800 crore in Karnataka for local production of powertrain parts and other components of electric veh… [+811 chars]

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