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Toyota estimates factory automation could cost $6.4 billion per year from 2028

Source: reuters.com

Automotive & EVTechnology & InnovationCompany Fundamentals
Toyota estimates factory automation could cost $6.4 billion per year from 2028

Toyota estimates annual factory-modernization costs could reach ¥1 trillion ($6.4 billion) from 2028 as it accelerates automation and robotics deployment. The investment signals a significant long-term productivity and manufacturing-upgrade push, but also introduces substantial recurring capital-spending requirements.

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