<ul><li>Toyota chairman Akio Toyoda has pledged a RM7.2 billion investment into Thailand for the expansion of its hybrid vehicle production operations.</li><li>The investment will involve retooling Toyota's production lines to support the production of internal combustion engines and battery-electric motors for hybrid vehicles.</li><li>The investment will create jobs, technology transfer, and workforce development in Thailand.</li><li>Toyota's focus on hybrids has paid off, with 3.5 million hybrid vehicles sold last year, accounting for 31% of its total sales.</li></ul>

Toyota pledges RM7.2 billion investment into Thailand for production of engines, hybrid-electric motors

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