In Pictures: Toyota Approves $1.3 Billion EV Plant in Argentina to Counter Chinese Rivals

Toyota's $1.3 billion investment will bring advanced automated manufacturing to its Zárate facility in Buenos Aires.

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The new plant positions Toyota to challenge Chinese EV makers like BYD, which have rapidly gained ground across Latin America.

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The Zárate plant investment marks Argentina's largest-ever automotive commitment by a single manufacturer.

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Production of a Hilux battery-electric vehicle is a likely candidate for the new Argentine assembly line.

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Toyota's expanded operations are expected to create thousands of jobs in the Buenos Aires region.

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The facility is expected to incorporate sustainable energy infrastructure as part of Toyota's broader electrification strategy.

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Argentina's existing industrial energy grid will support the plant's shift toward electric vehicle production.

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Heavy machinery stands ready as Toyota prepares to break ground on the new EV production line.

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Precision control systems will manage the high-tech assembly processes at Toyota's new Argentine EV plant.

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