# Toyota gets the green light for a new EV built to take on China

> Toyota will invest around $1. 3 billion, the largest in Argentina’s automotive industry to date, to produce a new electric vehicle at its site in Buenos Aires.

- **Source:** [Electrek](https://electrek.co/2026/10/05/toyota-gets-green-light-new-ev-built-to-take-on-china/?utm_source=gearopen.com&utm_medium=referral&utm_campaign=feed&utm_content=6ac3eca5da71488e28860eab)
- **Published:** 2026-10-05
- **Category:** Cars
- **Tags:** #ev
- **Canonical:** http://localhost:4321/a/6ac3eca5da71488e28860eab

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_GearOpen's distilled summary. The full original article is published at Electrek (source link above); GearOpen does not republish the source's full text._