Toyota to spend over $13.5 bln on EV batteries by 2030

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TOKYO — Toyota Motor Corp said on

Tuesday it expects investments for development of its battery

supply system and research and development to be about 1.5

trillion yen ($13.65 billion) by 2030.

($1 = 109.8500 yen)

(Reporting by Tim Kelly; Editing by Himani Sarkar)