Toyota says the media are confused about EVs

Toyoda seems to still be skeptical about the electric vehicle industry, Toyota has taken notable steps to ensure that it has some footing in the emerging electric vehicle sector. Last August, Toyota announced that it would be increasing its investment in a new battery plant in the United States from $1.29 billion to $3.8 billion — a decision that seemed partly influenced by the growing consumer demand for EVs. 

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