Toyota to Invest $1.34B in Argentina EV Plant, Boosting Exports

Toyota announced a $1.341 billion investment in its Argentina production plant to manufacture a fully electric vehicle, with expected exports of $1.280 billion. This marks a significant expansion of EV manufacturing in South America, potentially strengthening Argentina's industrial base and trade balance. The investment signals confidence in Argentina's economic policy under Caputo, though details on timeline and model remain unspecified.