Toyota to build Corolla in Brazil that will run on electricity, ethanol and gas

Toyota to build Corolla in Brazil that will run on electricity, ethanol and gas

Japan's Toyota Motor Corp said on Wednesday it will begin building in Brazil a new version of the Corolla sedan that will run on electricity, ethanol and gas, the first vehicle of its kind to be built in Latin America.

FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show
FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland, March 5, 2019. REUTERS/Pierre Albouy/File Photo

SAO PAULO: Japan's Toyota Motor Corp said on Wednesday it will begin building in Brazil a new version of the Corolla sedan that will run on electricity, ethanol and gas, the first vehicle of its kind to be built in Latin America.

Toyota said in a statement that it made the decision to build the Corolla in Brazil in part thanks to a package of tax incentives passed by the country's Congress, known as Rota 2030. Unlike in most markets around the world, ethanol is a common car fuel in Brazil.

(Reporting by Marcelo Rochabrun; Editing by Bill Berkrot)

Source: Reuters

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