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Toyota and Volkswagen unveil major EV investments and models in China, targeting the world's largest auto market.
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.
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.
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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Toyota y Volkswagen revelan sus principales inversiones y modelos de vehículos eléctricos en China, dirigidos al mercado automotriz más grande del mundo.