Toyota to make hybrids in Vietnam, betting their time has come

Japanese automaker to invest $360m to boost capacity

20251027N Toyota logo

Toyota Motor plans to launch production of hybrids in Vietnam as sales of gas-electric autos soar in the country. (Photo by Haruka Kadooka)

YUJI NITTA and KENYA AKAMA

HANOI/BANGKOK -- Toyota Motor will begin building hybrid vehicles in Vietnam as early as 2027 and increase local production capacity to meet what it sees as the country's growing interest in gas-electric autos.

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