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Toyota to invest $2.8bn for R&D hub in green-car push

The Japan site includes test tracks and is aimed at meeting regulations worldwide

Toyota's green-vehicle lineup includes plug-in hybrids, such as the Prius pictured here.

NAGOYA, Japan -- Toyota Motor will create a research and development hub in Japan to step up its development of a broad range of environmentally friendly vehicles and meet regulations in various markets.

The site will be located in the automaker's home prefecture of Aichi, which includes Nagoya, and come with 11 types of test tracks. Total investments are projected at around 300 billion yen ($2.8 billion).

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