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flag Toyota and Volkswagen unveil major EV investments and models in China, targeting the world's largest auto market.

flag Toyota plans to invest $2 billion in a new electric vehicle (EV) plant in Shanghai, focusing on Lexus EVs and batteries, aiming to boost its presence in China. flag Meanwhile, Volkswagen unveiled several new EVs at the Shanghai Auto Show, showcasing models tailored for the Chinese market and advanced AI-based driver assistance systems. flag Both moves come as foreign automakers adjust strategies to compete with rising Chinese EV brands in the world's largest automotive market.

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