
A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. Photo: Reuters
This will bring the total investment in the plant to more than $2.8 billion, the Japanese automaker said.
Using the additional investment, the plant will assemble the next generation of hybrid transaxles, which help to transfer power seamlessly between the engine, motor and wheels.
The production of the hybrid transaxles is scheduled to start in late 2026 for use in future Toyota and Lexus models.
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