Lead Story
Oct 5, 2026
Toyota Approves $1.3 Billion EV Plant in Argentina to Counter Chinese Rivals
Toyota will invest around $1.3 billion to build a new electric vehicle at its Zárate plant in Buenos Aires, marking Argentina's largest-ever automotive investment. The move comes as Chinese brands like BYD dominate Latin America's EV market, with the Hilux BEV a likely production candidate.
Priya Sharma