Toyota Is Shutting Down Its Russian Factory

Toyota shutters its Russian factory, while cutting production estimates. Department of Energy opens up applications for $7 billion in funding for regional hydrogen hubs. Lithium batteries in China are starting to get cheaper, and the cost of lithium batteries is starting to rise. The Mirai was playing the long game, and it’s not the first time it’s been in trouble with the solar power industry in China. The company is looking to cut its year-end production estimates for 9.7 million Toyota and Lexus vehicles.

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