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Automobiles

Toyota picks North Carolina to host $1.3bn EV battery plant

Factory aims for enough output for up to 1.2m vehicles a year

Toyota Motor will move ahead with a plan to construct a plant in North Carolina to build batteries for electric vehicles.   © Reuters

NEW YORK -- Toyota Motor has chosen the state of North Carolina as the location for its U.S. factory to make battery packs for up to 1.2 million electrified vehicles a year, Japan's top automaker said Monday.

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